The current coin price is at a high level, with strong short-selling signals indicated by volume and K-line release. It is recommended to lay out short positions. A doji/star candlestick pattern or long upper shadow after a surge indicates that bullish momentum is exhausted and bears are starting to take control.
Operation suggestion: Short at 4750-4800, looking down to around 4650-4550, continue to look down if it breaks. #ETH #GateioInto11
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#ETH evening strategy analysis:
The current coin price is at a high level, with strong short-selling signals indicated by volume and K-line release. It is recommended to lay out short positions. A doji/star candlestick pattern or long upper shadow after a surge indicates that bullish momentum is exhausted and bears are starting to take control.
Operation suggestion: Short at 4750-4800, looking down to around 4650-4550, continue to look down if it breaks. #ETH #GateioInto11