Thursday, in the early session, let's short first and watch for a pullback!
The past two days have been more of a roundabout movement, with strong resistance concentrated around the 100000 mark. If the short positions haven't been cleared yet, then there might be another round up to 101000. However, according to the early session's habitual thinking, if it's going to rise, it should be after a round of decline. Therefore, in the early session, I suggest everyone short first and watch for a pullback action. The support below is at 97000, the low point area from yesterday. If it doesn't break here, we can consider going long after a roundabout move.
Regarding the short position swing, I'm still in the short that was set in the 98000 area. If it doesn't go down today, I will consider clearing it and wait for a high point to short again. Everyone should avoid averaging down and should not use heavy positions; just stick to one direction.
Ethereum is also similar; there hasn't been much momentum coming out. For now, let's follow the rhythm and synchronize to watch the pullback trend.
