ETH Analysis
The reference period is the daily K and 4-hour chart (4H).
The first unknown resistance level previously set is in the $3,250 area, and yesterday it reached a high of $3,215. From the 4-hour chart, the current disk is testing the secondary support. If this support cannot be held, the short-term rising structure will be destroyed, and the price may fall back to the support area of $2,880-2,825 (including the real body and shadow part).
Therefore, if the 4-hour chart falls below the current support, you can go short. The stop loss position is set when the price returns to the 4-hour support. If a false break occurs and then rebounds, it may be a short-term short position closing signal, and the market is ready to continue to rise.
