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#比特币技术分析 Just saw the analysis of Ethereum's key support level at $2772, feeling a bit nervous 😅 The technical weakening sounds like a bad sign...
I'd like to ask everyone, what exactly does this "key support level" mean? Does it mean the price will bounce back when it hits this point, or does it mean it's over once it breaks below? If it breaks below $2772, the next support levels are at $2489 and $1866. Why are these numbers so far apart?
Recently I've been learning technical analysis, and with so much data and information, I feel a bit overwhelmed, but I also worry about missing important warning signals 💭 Could senior members explain, is there any practical significance to paying attention to this data at this point in time? Should I prepare for a possible decline?