$ETH Tonight the market is about to turn. I don’t recommend everyone to chase it.
Just now it surged from 1868 to around 1911—very aggressive. But above 1900 there’s clearly pressure, and now it’s back around 1890.
I don’t think it’s time to turn bearish yet. Tonight, the level I’m watching most is 1885.
Above 1885, it’s likely to keep ranging in the high range. If we can hold it, we may touch 1900, and even 1911.
If 1885 breaks down, first we’ll look at 1875, then 1868.
On the other hand, if 1911 breaks out with volume, then later we’ll look at 1920—1930.
So right now I’m neither chasing longs, nor will I go short just because MACD forms a dead cross. Tonight’s play—if you’re not sure what to do, you can come to the chat room and ask for levels from Jiaqi.
#ETH #中国7月产出零售投资全线不及预期
Just now it surged from 1868 to around 1911—very aggressive. But above 1900 there’s clearly pressure, and now it’s back around 1890.
I don’t think it’s time to turn bearish yet. Tonight, the level I’m watching most is 1885.
Above 1885, it’s likely to keep ranging in the high range. If we can hold it, we may touch 1900, and even 1911.
If 1885 breaks down, first we’ll look at 1875, then 1868.
On the other hand, if 1911 breaks out with volume, then later we’ll look at 1920—1930.
So right now I’m neither chasing longs, nor will I go short just because MACD forms a dead cross. Tonight’s play—if you’re not sure what to do, you can come to the chat room and ask for levels from Jiaqi.
#ETH #中国7月产出零售投资全线不及预期