#以太坊行情解读 $ETH

The market has indeed been very challenging these past two days, and Ethereum is starting to do the pin-bar rebound thing again. I just checked, and Ethereum has already retraced to the Fibonacci 0.618 level, with a decent rebound strength. On the five-minute chart, it might be worth considering a short-term entry.

From the perspective of the theory of cycles, the 30-minute K-line is currently in a five-wave downward structure. On the Ethereum side, there is no divergence signal, but on the Bitcoin side, there is divergence. From this correlation, it is highly likely that Ethereum will be lifted along with Bitcoin.

How to operate? My idea is to go long. The suitable entry range is between 2930-2940, with target levels looking at 2980-3000 and 3080, and the stop loss set at 2870.

This approach is suitable for short-term trading. It's most important for everyone to manage their own risks and find their own rhythm.