Take a look at the market of Ethereum. This wave of retracement just completed a crab pattern (standard 1.618 position) and then rebounded. At present, the 30-minute small level has fallen below the rising support line and stepped back to the ice line near 3360 to test the support;
If the support is effective, it will continue to rise, and the target is near 3800 of the shark pattern. If it falls below the support, there may be a second bottoming out, and it is likely to step back to test the daily level bull-bear line, which is near 3150.
Once it falls below 3360, you need to pay attention to protection, and the market has not yet completely stabilized. Don't be overwhelmed by yesterday's rebound. Stay calm at all times to make the right decision.
