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China 🇨🇳 Time: January 31st, 12:29 PM, ETH Strategy
The overall trend remains bearish, go with the flow, and avoid going against the trend.
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Breakthroughs are not holding, continue to rise to test the resistance level.
Falls below and cannot rebound, continue to decline to test the support level.
Recommended short positions: 2770——-2785
First resistance level: 2740——-2760 (Breakthrough probability 52%)
Second resistance level: 2775——-2785 (Reaching probability 38%)
Third resistance level: 2820——-2850 (Reaching probability 20%)
First support level: 2655——-2675 (Breakdown probability 35%)
Second support level: 2620——-2640 (Reaching probability 70%)
Third support level: 2580——-2595 (Reaching probability 45%)