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The market in the afternoon of #ETH showed a volatile structure, with the lowest price retracement to stop falling near 103,600, and the price always fluctuated around 104,000. In the afternoon, with the good news of tariff cancellation, the currency price also exploded by 1,500 points, and the highest rose to around 105,800. Aunt Tai synchronously gave the bulls a continuation, and the highest pull rose to around 2620. With the high point after the data is digested, we once again enter the market at a high level 105661 the first-line layout of the short single entry, and the market stepped back to around 104500, pocketing more than 1,000 points of space, successfully recovering intraday losses and keeping today's profits. Ethereum, on the other hand, maintained a bullish mindset and fell by more than 100 points during the day. The impact of the data will only affect the short-term disk, can not change the overall structure, the surge again liquidated the upper leverage, the market still has room for a pullback.
The hourly chart still maintains an upward trend, and the overall operating range is still within the upward channel. Currently, it is in a phase where the low points are too high and the high points are constantly testing the ceiling. As the Bollinger Bands contract, the price range narrows, and the price returns to the intraday volatility range, indicating that the trend remains unchanged. In the short term, although there is an upward trend, the five-wave rise on the daily chart will definitely lead to a deep correction above 105000 for long-term light positions to chase shorts. For short-term operations, maintain a volatile mindset.
The Bitcoin can be shorted at 105000-104500, looking at around 102000. ETH continues to maintain a low long position strategy, can go long at 2520-2540, looking at around 2650. #BTC