AskAboutETH

ETH trend analysis, observed on an 8-hour cycle, previously formed a low at 2251, breaking the upward trend since 1936. The rebound did not create a new high, nor did it form a new low. From this structure, consider it as a range, 2251~2242.
On a 1-hour cycle, the price broke upward, forming a higher high, ending the downtrend from 2422~2284.
In terms of operation, look at the space on the 8-hour cycle. Wait for the 1-hour cycle to retrace to the discounted zone 0.618, stabilize, then find a position on the 5-minute cycle to break upward and go long. Currently, the higher high is not yet compl

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