5.23 ETH market analysis: Ethereum falls back to test the bottom, continue to buy after falling back

Today, Ethereum continued to fall downward after being under pressure at the high point of 3800. The current price is still testing the upper track of 3700 on the 4-hour chart.

In the short-term one-hour chart, Ethereum is testing the bottom support by inserting a pin on the lower track. The lower low point support is near the 3650 range. The current price is still running downward. The daily chart shows that the price continues to test the upper track and waits for a rebound to seek a breakthrough. Overall, I am still optimistic about the bulls. Continue to buy after falling back. For specific details, you can find me to chat privately. Real-time guidance: btc0796

ETH operation suggestions:

Buy after falling back to 3650-3680, target 3730-3780, break 3850. Stop loss 3620

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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