2024.4.17 #ETH Market Analysis

Chart situation: (H1 chart)

1) ETH is also in extreme shock now. The red range is built around the daily blue range-L. It is currently oscillating around the 3050 range-EQ.

2) The purpose of the volatile market is to plunder liquidity, so the trading opportunity is to pay attention to the price reaction after the hunt.

a. Pay attention to the buying opportunity after hunting 2978 SSL.

b. Pay attention to the buying opportunity if it breaks through 3128 and then falls back (near 3050).

PS: This article is only my personal opinion and does not serve as investment advice. Please be responsible for your own profits and losses.

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