[Jin Zhe Chuan Morning Review] 3.6
The large pancake at 74000 encountered resistance while moving north. Does every charge from the bulls have to be as bumpy as the 70,000 mark?
Ultimately, it retreated below 70900, with the current market price at 708000.
It is expected to experience narrow fluctuations, with a focus on watching and converging.
The bulls struggle to break through, while bears find it hard to drop deeply.
Today we focus on short positions mainly around 71-70 and between 2090-2050.
For the large pancake, we see a bearish trend at 70800-71500, aiming for 70000-69000.
For Ethereum, we see a bearish trend at 2090-2070, aiming for 2050-2020.
Only after forming a bottom near 69000 is it the most favorable time for bulls to go long.
The market rhythm is variable, and all executions are primarily based on Shihuan's advice, with strict risk control and stability as the priority.
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