The current Ethereum market is within expectations. Yesterday during the day, a short order was given in the range of 4060-4086, with the highest point reaching around 4083, while the bottom was given at 3920-3980.



The market's lowest point reached 3918, while also providing a short order at 3920. This morning, the highest point approached 4000, which is your result from yesterday.

Currently, the 6-8 hour 4086 still determines the space for the subsequent decline 📉, and the pullbacks in these two cycles are quite important. The first support to note below is 3904, and the second support is in the range of 3813-3758.

These positions ultimately determine the strength of the current cycle's rebound. If the support below is valid, it is possible that the current level will continue to challenge the pressure around 4157-4173. Unify the long order stop loss at 3710.

In the daily chart, as we discussed in yesterday's live broadcast, 4086-4100 is the range that determines the downward space of the daily chart. We still need to pay attention to the range market of 4013-3720.

The extended area below is around 3653-3616, and the upper extended pressure is 4050-4116. These positions are good spots for your trading.

In the bear market adjustment, it is important to defend around 3323, ultimately waiting to bottom out around 2930-2820.

The above opinions are for reference only and do not constitute investment advice.

#比特币btc# #以太坊eth# $BTC #巨鲸加仓2.5亿美元BTC
BTC2.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)