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3.7 Evening Auntie Suggestion
ETH broke below 1985 and the previous triangle structure. It is now forming a small wedge around 1988. The 1985 level has become a key short-term resistance.
If it can hold above 1989, there may be a rebound targeting 2019 to 2052, returning to the previous consolidation zone; if it cannot hold above 1967, the next support levels are 1922 to 1863. If a pullback to 1927 can be supported, consider a small long position for a short-term buy; if it breaks below, decisively cut losses.
In terms of trading, if volume increases and it stabilizes above 1989, consider a short-term long; if it effectively breaks below 1967, follow the trend and go short. But no matter what, remember to set proper take-profit and stop-loss orders. The daily chart still shows a wedge pattern; if it breaks down, the next support is at 1826. Liquidity tends to be poor over the weekend, and volatility can increase. Protect yourself first and foremost~
#2月非农意外负增长 #加密市场小幅下跌