The 4-hour ascending channel has broken through the daily downward trendline resistance. I personally think it’s quite difficult to break through the high-pressure zone above 2400. When there are long upper wicks with quick pullbacks near the 2400-2450 range, consider opening short positions. It is recommended to gradually build long-term short positions mainly, but also be cautious of violent needle injections in the 2450-2650 vacuum zone, with forced liquidations controlled above!



Support below around 2300 and near 2230 $ETH
ETH1.78%
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