金财谈币: Ethereum's decline has arrived as expected, reaching the target support. Waiting for short-term correction and bottoming out before the subsequent rebound within the day!
Every day, personal recommendations are published in the live trading group, grasping key points, controlling positions, and following trends. Mainly focusing on spot, contracts, adept at trend layout, operating around short-term waves, and predicting the top and bottom trends of medium and long-term trends, daily, weekly, and monthly trends!
Ethereum's market has also smoothly retraced and declined. As mentioned in yesterday's market layout, there is still a certain gap between the main candlestick and MA5 above the weekly line. In order to continue the breakthrough in the short term, it is necessary to go through a round of retracement and support before starting the rebound. Therefore, we should first consider a round of retracement and decline. The market also declined as expected yesterday, reaching a low of 2120, a drop of 230 points from the top. It's important to grasp the overall market within the range. As for the intraday market trend, the daily line is currently near the support of MA20 below. After the short-term retracement is completed, it will start to bottom out. After the current market completes the bottoming out correction, we can open up the subsequent market. As for the intraday market, the support below is around 2200-2180. If the retracement support can be held, it is possible to continue to enter long positions. The upper pressure is around 2300-2320. After breaking the pressure, we can continue to look up to 2400 or even 2600 for a good long-term trend. If the lower support cannot be held, the defensive support is at 2110-2100. Buying the dip can be done here, waiting for the lower support to complete the bottoming out, and then continue with the subsequent rise for the long term!
Market fluctuations are fast. Due to the impact of review timeliness, real-time layout in the live trading group is the main focus for the subsequent market trends, and the suggestions are for reference only!
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