#ETH's closing price today is the lowest in the past four days. After four attempts to break through 0.618, it fell back to 1820, which is 0.382. From the perspective of the structure, it is healthier to fall back and hold the falling wedge after breaking through the falling wedge. So I am more inclined to believe that ETH will fall back to the upper edge of the wedge, which is around 1800, which is also around 0.382. So I will place a long order around 1800 (be careful not to place an integer 1800)
In the short term, ETH has fallen below a range of fluctuations in the previous four days and is currently trying to close into the range again. If it fails to close into the range today, it will be bearish and will continue to pull back, echoing what we mentioned above that it will "step back to the upper edge of the wedge."
