A new week, a new beginning! The plans for a day lie in the morning, and the plans for a year lie in the spring. Looking back at the market from early morning, the price surged to 118500 before pulling back, resulting in a small pullback. His Majesty fell to a minimum of 117200 in the early morning, and now it has reached 117700. Ether first rose to around 4580, then directly pulled back to the 4420 line, and now it has reached 4500.



The technical indicators show that 118,500 has formed a short-term double top resistance. The MACD and RSI indicators are weakening. If it breaks below the support at 117,200, it may further test 116,000. In terms of operations, attention can be paid to short positions near 118,000, with a stop loss above 119,000 and a target of 116,000-115,000. After Ethereum rose to 4,580, it quickly pulled back to 4,420 and is now rebounding to around 4,500. The hourly chart shows a top divergence and the moving average resistance at 4,520 enhances the bearish signal. If it loses the support at 4,420, it may drop towards the 4,350-4,250 area. It is recommended to short in batches between 4,500-4,520, with a stop loss above 4,580 and a target of 4,400-4,350.

Bitcoin strategy: Short around 118000, target 116500
Ether strategy: short near 4520, target 44200 #以太坊ETF突破300亿美元#
BTC-1.82%
ETH-7.41%
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