Smash first and then pull up, looking for opportunitiesđŸ€

🌾Big cake has prompted bottom-fishing since 60,000. After reducing positions at 64,000, it has gone out of the retracement structure as expected, and after breaking the trend line, it failed to rebound and pull back yesterday and continued to fall. The overall trend is weak and bearish. There is pressure at 62,600 in the 4-hour structure. It must break through the pressure by closing the positive line before the bulls will rebound. Otherwise, from the big structure, it is still in the C wave falling structure since the decline of 66,000. There is support at 59,000-60,000 below. If it breaks, look at 56,000-57,000. From the small structure, there is liquidity support at 61,000-61,500. Considering that the CPI data will be released tomorrow, it is likely to be good for the market. So in the short term, if the support pin of 61,000-61,500 is not broken, the bulls will have a chance to rebound upward. Pay attention to the US market tonight. If the market is smashed first, you can look for short-term wave opportunities.

🌾Ether 2460-2680 resistance level, also need to break through the upper side by closing the positive line, there will be a bullish signal in the short term, otherwise there is still a need for further bottoming out, such as the pin at 2370-2400 in the evening to form a stop signal, it is expected to rebound in the short term, and if it breaks, it depends on the original retracement structure 2300/2200 support.

🌾Spot strategy:

1: For those who reduce their positions at high positions, if the short-term retracement around 61000-61500 forms a pin without breaking, you can take the corresponding spot game you want to buy in the short-term market with the help of CPI rebound, if the big negative line breaks, wait for 59000-60000 and 56000-57000 support, and try to enter the market in batches.

2: If you want to trade in the Ethereum band, if the short-term support of 2370-2400 is not broken, you can enter the market to take delivery and participate in the short-term band. If it breaks, wait for 2300/2200 as planned and then enter the market in batches to arrange the long-term.