Jincai Talk about Currency: Ethereum retracement support rebound long positions harvest again, weekly closing soon, walking in the range and waiting for the box to open!
Every day, personal suggestions will be posted 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, medium and long-term trends, daily, weekly, and monthly trend top and bottom predictions!
The intraday market of Ethereum also rebounded after yesterday's retracement and decline. The current market is in a range of oscillation, so waiting for the subsequent market breakthrough is necessary. The current market trend, after the retracement, rebounded, but the short-term rebound also encountered resistance near the top, so the upper pressure is still relatively obvious. The four-hour trend is similar, and the current market is oscillating near the pressure of MA20. The indicator is also oscillating and consolidating near the high-level pressure. For the evening market, it still needs to be corrected before opening the subsequent market. The support below in the evening is at 1770-1760. Holding the support below the retracement can continue to seize the rebound and rise. The upper pressure is at 1860. If the pressure can be broken, continue to look up. The further pressure target is at the position of 2000. Walk through the key pressure range and wait for the breakthrough. If the lower support cannot be held, the defensive support is around 1700-1720. When it reaches this level, you can directly bottom out and wait for the subsequent market to open. In the evening, it is still waiting for the support to come and continue to break through and rise!

The market fluctuates quickly. Due to the impact of review timeliness, real-time layout in the live trading group is the main focus for the subsequent market trends. The suggestions are for reference only!
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