Jincai Talk Currency: Ethereum's midnight pressure begins to retreat, waiting for corrective support, and completing the bottoming process before starting the next round of breakthroughs!

CN
1 year ago

金财谈币: Ethereum midnight pressure begins to retreat and awaits correction support, completing the bottoming process before the next breakthrough!

Every day, personal recommendations are posted in the live trading group, grasping key points, controlling positions, and following trends. Mainly focusing on spot, contracts, and skilled trend layout, operating around short-term fluctuations, medium and long-term trends, daily, weekly, and monthly trend tops and bottoms forecasts!

Click to watch the video: 金财谈币: Ethereum midnight pressure begins to retreat and awaits correction support, completing the bottoming process before the next breakthrough!

Ethereum also smoothly retreated at midnight, reaching a low near 2052. The evening market was also discussed yesterday, indicating the need for a short-term decline before opening up the subsequent market range. The support below is around 2030-2050, and the market has indeed retreated without any surprises. Just grasp the overall market range, which is still within the expected range. As for the current intraday market, we are still waiting for the bottoming process before continuing the subsequent rise. The support below at 2030-2050 remains unchanged. Retracement support can continue to enter long positions. The subsequent breakthrough pressure target is at 2110-2120. If the pressure is broken, the uptrend can continue. Further pressure targets are at 2300, and riding the long-term trend is sufficient. If the support below cannot be held, the defensive support is at 1900-1920. Buying the dip can be done here, waiting for the bottoming process to complete, and then continue the subsequent rise!

Market fluctuations are fast, and 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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