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ETH yesterday suggested shorting at high for another victory, not just strategy, but also a live order!
The overall technical structure shows the market is still in a phased correction cycle. Short-term oscillation and repair have not reversed the downtrend; the adjustment is not over. After the short-term repair ends, bears still dominate the medium-to-long-term trend, and the main approach remains bearish.
Intraday weak sideways, bears dominant, bulls weak, price under obvious pressure, oscillation range narrowing, market weak, operate by following the trend and looking short.
Rebound at 1620, resistance short at 1660, target down to 1570, 1510, break below to 1450, 1400
$BTC $ETH
There is heavy resistance above. If not now, when will you short? That's all I'll say in the early hours!
Aggressive: short directly at the current level of 60600. Conservative: enter at 61500, targeting 59500 and 58500 below.
Ethereum simultaneously at 1630/1660, targeting 1585 and 1550 below.
$BTC