The idea is given in advance, and friends who follow the idea will get the meat again!
The big cake has been sideways for a long time over the weekend. After a short-term pin in the evening, the price rose rapidly. The current price is suppressed and stabilized at the four-hour MA60 daily moving average. In the future, you can pay attention to the breakthrough and stabilization of this suppression. If it stabilizes upward, long orders will continue to look at the 68800-69500 range to leave the market. If it cannot stabilize, short orders will enter the market directly!
The overall trend of Ethereum is a range shock trend. The upper short-term suppression is 3805-3830. Here is the hourly MA30 moving average and the four-hour MA7 daily moving average suppression, as well as the four-hour upper rail suppression, including the daily MA7 daily moving average is also here, so as long as today can change the line and stabilize here, then the subsequent bulls will inevitably go out of the continuation. If it cannot stabilize, the short short will see a small correction. The short-term support below is 3780-3720, and the short order can be left here!