Jincai Talks about Currency: Ethereum's rebound space is not large to prevent another round of selling off, and the intraday range is still good, waiting for the range to open!
Every day, personal suggestions will be published in the live trading group, grasping the key points, controlling positions well, and following the trend. Mainly focusing on spot, contracts, and proficient in trend layout, operating around short-term fluctuations, medium and long-term trends, daily, weekly, and monthly trend top and bottom predictions!
Click to watch the video: Jincai Talks about Currency: Ethereum's rebound space is not large to prevent another round of selling off, and the intraday range is still good, waiting for the range to open!
After experiencing a retracement and decline yesterday, Ethereum rebounded in the short term, once breaking through the 1600 level. However, the short-term did not move out of a large range, still consolidating and building a bottom within the range. Currently, the short-term rebound in the market is weak. Therefore, for the subsequent market, it is still necessary to prevent another retracement with a volume decline. The support below is at 1560-1550. Holding the support below can capture the rebound long positions. The resistance above is at 1610-1630. First, it is still maintaining the range oscillation within this range, and if the support below cannot be held, the defensive support is around 1460. Retracing to this support and then bottom fishing is the way to go. Intraday market attention is focused on the bottom building situation, waiting for support, and then following the subsequent rebound trend! When operating, it is important to control the key market maintenance and pressure support, and then grasp the subsequent market, make early market planning, wait for the market to absorb chips, and then continue with the subsequent breakthrough!
The market fluctuates quickly. Due to the impact of review timeliness, for the subsequent market trends, real-time layout in the live trading group is the main focus, and the suggestions are for reference only!
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