Good morning everyone, I am Jiang Xin. The results yesterday during the day were okay. The early morning rally point was around 104600, the ignition point, with resistance at around 106500. Throughout the day yesterday, the market fluctuated within a narrow range of a few hundred points around 106000, and the sell-off at 8 PM engulfed the daytime trend, stopping at the rally point of 104600. The night market's rebound was stable with reduced volume, and it has not yet recovered, while the daily line formed a doji. This kind of movement is fine as long as it trends sideways.

The greater the divergence, the more it trends sideways. During the day, we should move back and forth around the 104500-106800 range, with replenishment zones at around 103800 and 107500. First, refer to the five-minute and fifteen-minute K-lines for back-and-forth movement. I hope everyone can take advantage of the space.

As for Ethereum's trend, it was somewhat counter-trend in the morning yesterday due to a sharp rise, with a series of consecutive bearish candles and a slow decline. Overall, it fluctuated around the 3600 level. The two one-hour bearish candles at 10 PM and several consecutive K-lines showed divergence. It is clear that there is divergence around the 3500 level. The night market fluctuated around the 3500-3580 range until the morning. We can refer to the 3480-3720 range for back-and-forth movement, focusing on short positions within the box. I hope everyone can eat well back and forth.

For real-time trends, you can follow the public account: Jiang Xin Lun Chan.

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