The early morning period clearly indicated that the pin bar pattern would trigger a short-term bottom confirmation, and the current market situation fully verifies the anticipated logic. After accurately taking profits on the short position in the early morning strategy, the price reached the key support area of 104800, forming a structural reversal signal. Subsequently, a decisive execution of long positions was carried out to capture the rebound to the resistance level of 106000, completing the second high short operation with a total of three trades, accumulating nearly 3000 points in profit.
After grasping the long and short rhythm in the early morning, I entered a long position again near the moving average. Judging that the early morning pullback was in place and a rebound was imminent, the trend rose as expected from around 105500 to 106300. Although there was a spike later, it can be seen that both long and short positions have no sustained momentum, and the overall trend remains within a range. Currently, it is approaching the lower end of the range again, and a short long position can be taken in the morning.
Long at 105100-104800, focus on the area around 106000-107000. Ethereum is more than 2570-2550, pay attention to around 2610-2630.
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6.4 Zhiming Morning Analysis and Suggestions
The early morning period clearly indicated that the pin bar pattern would trigger a short-term bottom confirmation, and the current market situation fully verifies the anticipated logic. After accurately taking profits on the short position in the early morning strategy, the price reached the key support area of 104800, forming a structural reversal signal. Subsequently, a decisive execution of long positions was carried out to capture the rebound to the resistance level of 106000, completing the second high short operation with a total of three trades, accumulating nearly 3000 points in profit.
After grasping the long and short rhythm in the early morning, I entered a long position again near the moving average. Judging that the early morning pullback was in place and a rebound was imminent, the trend rose as expected from around 105500 to 106300. Although there was a spike later, it can be seen that both long and short positions have no sustained momentum, and the overall trend remains within a range. Currently, it is approaching the lower end of the range again, and a short long position can be taken in the morning.
Long at 105100-104800, focus on the area around 106000-107000.
Ethereum is more than 2570-2550, pay attention to around 2610-2630.