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$ETH The latest momentum, high points continuously turning lower, quickly go short!
From the current hourly chart, yesterday maintained a consolidation pattern all day, and in the evening, the market started a strong rally, reaching a high of 2385 points but then quickly forming a long upper shadow. This signal directly indicates very strong selling pressure above. Today’s high points keep moving lower, and the bulls’ attacking strength is continuously weakening, clearly showing a bearish signal. Coupled with tonight’s weekly unemployment claims likely being bearish, under the double impact, the downtrend is only a matter of time. Fuxing was the first to lead fans to enter short positions. Next, just hold patiently and wait for the market to pull back to realize profits.
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