Market Analysis - ETH If anyone wants to see the analysis of ETH, then arrange it! A common sense often mentioned before is that the trend of ETH is highly correlated with BTC. Looking at this theory in a downtrend environment, due to the lack of active funds in the market, this linkage will only strengthen rather than weaken. So when analyzing ETH, we cannot ignore the resonance with the basic structure of the market, but also respect the details of individual coin trends. From the daily and above levels, the price is in a bearish trend, and after the oversold rebound ends, it seeks to construct a local secondary dip of oscillation. In response to this trend, the suppression levels above are relatively clear and can be reserved for high selling after arrival, but cannot chase the rise and it is not recommended to directly play upwards; Similarly, after a series of sharp declines, short-term risks have been fully released, and the space for a pullback below is relatively limited compared to the existing low point. Referring to the support of large-scale forms, the risk is usually controllable. Observing the trend of 4H and below levels, the moving average system generally shows a bearish arrangement, and prices also run offline. In this state, no matter what form the K-line takes, the certainty is not very strong. So, it is normal to only reserve a retracement after a high sell or breakthrough, and wait for a low long after a spatial pullback. The relevant reference points are as follows: Short term suppression from 1997 to 2040 (no operation, large volume breakthrough can be entered, and there is also an opportunity to operate horizontally for 1-2 days after a slight breakthrough), second suppression from 2130 to 2184 (selling pressure gathering area, can be entered by stepping back on short-term suppression after arrival) Short term support 1838-1810 (slow decline fast in and fast out, sudden decline cautious entry) Second support 1748-1680 (1:2 can be hung) Tip: The important support point below is 1440, not considered in the short term. If there is a sudden trend, you can refer to the operation. ETH