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Concubine once again probes near the previous low, and the daily chart continues to show weakness. There is a probability of a new low in the early morning. On the 4-hour chart, it is under short-term resistance from the MA7, and the Bollinger Bands are in a downward opening state. The previous low around 2620 can be temporarily used as a reference point—treat the early morning movement as either not breaking or fake breaking that level. Personally, I lean towards a false break with a spike, so I plan to pre-embed a position below that level for the early morning entry.
1.31 Concubine pre-embedded order in the early morning
Buy 2605, stop at 2575, target 2730
This is just my personal idea for reference #ETH