#ETH巨鲸增持 $ETH The four-hour chart, although pumping out a long lower shadow and continuously producing green candles, with the moving averages also starting to rise, should not mislead you by appearances. The pressure from above is very clear, this breakout is truly unsustainable, a typical bull trap.
It is highly likely that there will be a downward adjustment, the bullish trap when pushing up will easily get stuck. Strategically, near 3050, you may consider placing a sell order, with the immediate target being 2940. Be cautious of a correction after buying strength weakens.
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#ETH巨鲸增持 $ETH The four-hour chart, although pumping out a long lower shadow and continuously producing green candles, with the moving averages also starting to rise, should not mislead you by appearances. The pressure from above is very clear, this breakout is truly unsustainable, a typical bull trap.
It is highly likely that there will be a downward adjustment, the bullish trap when pushing up will easily get stuck.
Strategically, near 3050, you may consider placing a sell order, with the immediate target being 2940. Be cautious of a correction after buying strength weakens.