5.6 Ethereum evening market analysis:

From the 1-hour chart, the Ethereum price is still running at a high level on the upper track during the day. After being under pressure in the evening, it started to dive continuously. The Bollinger band slowly opened and the current price is testing the lower track. From the 4-hour chart, the price fell below the middle track and there are signs of testing the support of the lower track. The market is falling rapidly and it is expected that the resistance below will also be very strong. After the pin support stabilizes, it will continue to rebound and rush high. As long as the daily line can close again and stand firm on the middle track, there will be no resistance for the subsequent bulls. The idea is to keep going long on callbacks and wait patiently for the market to continue to rush high. Real-time guidance: btc0798

Ether operation suggestions:

3020-3050 long, target 3150-3300 stop loss 2970

It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can get on the bus for consultation.

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