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Have you ever stayed up through such nights? The screen bright until dawn, the colors of the Candlestick rising and falling like a heartbeat, with Holdings fluctuating from unrealized gains to unrealized losses, my fingertips hesitating repeatedly over the Cut Loss and increase the position buttons. The afternoon short positions once again took profit and exited, and after the US stock market opened in the evening, the coin price did not show much Fluctuation either, with long wick candles up and down, the highest point rebounding only to around 108280, and currently starting to pull back again. The afternoon short positions strategy was also quite precise, whether it was the entry point or the target point, both were based on the most suitable entry timing and point given by the market sentiment. Currently, the coin price is still maintaining a volatile state, BTC is running around 107600, and Ether is running around 3700.
From a technical analysis perspective, the coin price has shown a slight rebound from the RSI 42 before the US stock market opens, but it is still below the neutral threshold. Although the short positions have decreased, the bulls have yet to gain dominance. The market is currently in a state of fluctuation. The MACD histogram remains positive but is continuously narrowing; although the bulls have not completely exited, they have clearly weakened. In the short term, we should watch for a breakout around 107500-108500 to determine the next move for bulls and bears. If there is a strong volume and it stabilizes around 108500, we will prepare to go long. Similarly, for Ether, pay attention to the support at 3700; if it breaks through successfully, the space below will be completely opened up.
In the evening, you can short BTC around 108000-108300 and look for 106500.
In the evening, Ether can be shorted with a light position around 3720-3750, aiming for 36000 #btc .