Ethereum Market Analysis

Currently at 3285

Based on the early morning two o'clock line

Short positions should be closed at a profit around 3180

Because at that time it reached the evening two o'clock line

However, it has now been confirmed that tonight will still be a short position

Since from 1 PM to 6:30 PM, there has been a large bearish candlestick

Based on the evening two o'clock line judgment

Unless an extreme event or news triggers a sudden surge in the market

If at 8 PM the hourly chart suddenly jumps 3 points and exceeds 3369

Then tonight's two o'clock line would indicate a long position

The probability is very low

Expected to fall until around 8:30 PM

Reaching the target profit level of 3180

A rebound is expected

The strength of the rebound is unknown

A slight rebound could be expected, possibly reaching around 3300

Then the evening two o'clock line will start to activate

The evening two o'clock line

Target profit should break the previous low or be near it