Old Wu 1.5 Evening Analysis

Figure 1: Morning explanation advises not to short, wait for a pullback to go long with a stop loss around 3130, indicating an upward channel.

Figure 2: It can be seen that there are already conditions for shorting. It’s a battle between bulls and bears. If you have already gone long, consider closing long positions and opening short positions when the market moves.

Figure 3: This wave of rally lacks strong momentum. If you draw a rectangular sideways consolidation area in the chart, you can short breakouts with a new high as a stop loss.

Trading suggestion: Do not go long. If brothers who went long on the pullback, consider closing longs and entering shorts during sideways consolidation. Breakout above the new high with a stop loss #ETH走势分析 $ETH