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Morning Reminder🔔
TIA
If you want to play short-term, the four-hour level closes with 2.1 as a defensive position, and the defense does not break and continues to hold, and the defense falls below and leaves
The position that was entered at 2.2 last night for long-term holding will continue to be held. I will provide additional entry points for increased positions during future pullbacks.
GT
For short-term trading, use the 4-hour closing price of 18 as the defensive position. If it holds, continue to hold; if it breaks the defense, exit.
For those who play the long game, continue to hold the position entered at 18.4 last night. I will provide points for adding to the position on subsequent pullbacks.
The pie of 110,000 is a continuation of the rebound level, and the idea of retracement remains unchanged if it does not stand firm, and the small level support below 108,000 will be broken to step back on the long-short watershed of 106,500 for testing.
Ethereum at 2800 formed a second type of false breakout pattern on the four-hour level last night. In the morning session, we will see if it can stabilize above this level. If it fails to do so in the short term, it will test the minor support at 2740. If this level holds, there will be further fluctuations; if it breaks, we will look at the support range of 2650-2700.