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Ether trend logic analysis, are you sure you don't want to check❓️
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Specific strategies are at the bottom, if you don't want to look at the logic, pay attention to the bottom point and consider getting involved.
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There's actually not much to say. Trading is quite simple, either it goes down or up. Currently, after the ETH triangle wedge broke down, it hit a new low. The hourly K-line is relatively weak. Without any major institutional orders or positive news, the highest we can expect is around 2160, including a complete reversal, which also depends on whether it can hold above 2160.
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Bearish Strategy
The resistance before the small cycle is 2000-2010, including a certain number of bearish orders in the fair value gap of 2045-2080. There are dense transaction areas for orders at 2140-2110. Avoid these two ranges for long positions and intervene in short positions, only considering these three price ranges.
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Long strategy
In the short term, there is actually no particularly good support for operation, including the support near 1780 mentioned in my previous two posts. It is not recommended to intervene in long positions at the moment. If you really can't resist the urge to enter, currently only focus on the range of 1870-1840.
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If you have any questions, feel free to communicate with me at any time.
Wish everyone a smooth trading and thank you for your support
#近期加密市场观察 #市场触底了吗?