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The thought for Tuesday morning is that the upward movement has stopped, and I will short at the highs first.
After a round of rally yesterday, Bitcoin stalled at 111600, with multiple attempts to break through this level overnight failing. The pressure in this area is relatively strong in the short term. Last night, a short position was initiated near 111500, hitting a low of 109800 in the early morning, easily realizing a space of 1500+ points. Currently, after a round of rebound, the bulls are showing signs of stagnation. As the strength of the bullish rebound weakens, it is not advisable to excessively chase longs at this moment; instead, short positions should be taken at highs during the day.
Early reference 111200, short near 111600, pay attention to 109000 below, if it breaks through, continue to look at 107000.
#ETH反弹在即？