Script Update: Phase Two
$ETH 2980 Short position held (2935 took half profit)
Half of the meat is eaten, and the soup can't be wasted either.
Look, the bulls are starting to get restless again, want to push above 2950?
Good. 😏 If you dare to rebound, I dare to add to my position!
Strategy: Add to short positions at 2950 - 2960
The afternoon wave was a critical hit, this wave is a follow-up. Don't blame Lao Bao for being ruthless; it's the candlestick that is too honest. 🚬

Young Master Zhao's current thinking
Although ordinary, it captures today's fluctuations
@
Currently, the daily K-line shows divergence in the upward momentum with two consecutive bullish candles. The upper resistance is around 92,500, and the lower support is around 97,500. The four-hour bullish momentum has reached the middle band and is facing resistance; the Bollinger Bands are gradually narrowing and converging. The lower support is around 88,500, and the upper resistance is around 91,000. The hourly chart shows decreasing volume in the upward trend, with MACD gradually moving upward, and

The project team has been continuously dumping $space
Initially, there were about 700 million chips, and they kept selling after turning around
The 5kw tokens just recharged have been dumped, and then another 50 million have been added in
Brand name dumping

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Bitcoin\'s weekly TDST resistance/support tends to do a great job at telling us when the trend has changed

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As of 20:20 (UTC+8), ETH is quoted at $2942, showing weak sideways movement intra-day. The trend is likely to continue oscillating weakly in the evening, watch out for the risk of volume-driven breakdown.
Key Levels
• Resistance: $2980-3000 (intraday high + psychological barrier), strong resistance at $3050 (trigger point for short liquidation).
• Support: $2920-2900 (intraday lower bound), strong support at $2850 (area of dense long liquidation, a breakdown may trigger sharp volatility).
Technical Analysis (1-hour / Daily Chart)
• RSI around 39-40, leaning bearish; MACD bearish crossover, ind

Brothers, remember this ID, name, and avatar are used for charity scams.

BTC Coinbase premium has been fluctuating within this range
Currently, it is in a quite significant discount state
This is reasonable
Because in recent days of trading
ETF outflows have exceeded approximately $1.5 billion

The richest coin takes in those who were weeded out by Y.

Low position connected, perfectly reaching the take-profit level with an 11-point margin

Be patient until the moment and the enthusiasm of market participants improve, don't be overconfident & leverage. The right decision will bring you benefits. Good luck!

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