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How many people don’t want to short after this rise?
The “front-cannon” market-move—small-timeframe Ethereum—is building up power for a rebound. 2300 support does indeed break the lower leg and then pull back to continue. Recently, the Asian session is too energy-consuming, so in the right-side script the big pie just needs you to lift your head. After the rebound following the daily base, the rebound above 76,000 forms a double top and creates pressure. In the short-term structure, if it can step back and hold above 75,000, then that resistance-dense zone will still move upward—so shorting from the top is just for short-term observation...
As for Ethereum moving in sync, in the short term it’s definitely clearly a bit weaker. Based on the current situation, a small-timeframe pullback-rebound is still acceptable. If you want to go long within the range, you need patience, and you also need to be able to accept a minor pullback.
This is also why earlier it was pointed out that the resistance at 2300-2400 will keep probing higher. And you also need to know that for the two months after the New Year, the trend has been steadily moving up as well—so for now, be patient and hold and observe around the 2420 high-pressure point.
BTC: Yesterday, the big pie went long publicly at 73,800. For Ethereum, look bullish around the 2300 zone. The four-hour rebound high is 75,400—it's only a few dozen points away from the intraday target. Content people are always happy; those who can endure will find peace and safety.
ETH: Look for bullishness around the 2300 zone. The target is a range-bound rebound zone of 2350-2380. The intraday high extended up to 2380—doesn’t it basically mean “if you’ve got the skill, you can just do it”?
The essence of trading isn’t just how much you can talk, or how good you are at post-mortems. Unless you can accept it in your heart, it doesn’t matter. The battle to be the one to be crowned has been sealed...#GatePreIPOs首发SpaceX $BTC $ETH