The current movement of ETH is a 12-hour level rebound trend, and today the market data shows a recovery rebound after a 30-minute oversold.
The key now is how deep this rebound can pull back. Personally, I think it’s possible to operate within the range: consider going long at the low levels of 2728-2758, and set up short positions near the high levels of 2855-2870, grasping the oscillation rhythm. Remember to set a stop loss and don’t hold on stubbornly.
Upper pressure levels: 2855, 2870, 2905 need to be closely monitored. The support levels below are: 2758, 2728, 2675 If it falls below 2675, there are two support lines at 2608 and 2547 below.
A volatile market is about repeated grinding; patiently wait for opportunities and avoid chasing highs and selling lows.
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The current movement of ETH is a 12-hour level rebound trend, and today the market data shows a recovery rebound after a 30-minute oversold.
The key now is how deep this rebound can pull back. Personally, I think it’s possible to operate within the range: consider going long at the low levels of 2728-2758, and set up short positions near the high levels of 2855-2870, grasping the oscillation rhythm. Remember to set a stop loss and don’t hold on stubbornly.
Upper pressure levels: 2855, 2870, 2905 need to be closely monitored.
The support levels below are: 2758, 2728, 2675
If it falls below 2675, there are two support lines at 2608 and 2547 below.
A volatile market is about repeated grinding; patiently wait for opportunities and avoid chasing highs and selling lows.