Three Hypotheses on Ethereum's Trend!

CN
3 hours ago
  1. Head and shoulders bottom structure, breaking through the neckline is established, looking up to 3660.
  2. Bottom triangle structure, breaking through the descending trend line is established, also looking up to 3660. (Regardless of whether it is defined as a head and shoulders bottom or a bottom triangle, an upward breakout is needed.)
  3. In fact, there is also a bit of a kite shape, but it must not fall below 2806!

Conclusion: Whether it is a shape or a structure, no matter how it is defined, 2800 is the dividing line between bullish and bearish. If it breaks down, look for 2487-2367!

Prediction: Assuming it will continue to rise, the best way is to surge to 3660, and then move in a wide range consolidation in the 3660-3336 area, creating a moving average repair zone, which will provide an opportunity to create a new historical high!

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