4.29 Ethereum midday market analysis:

From the 1-hour chart, Ethereum hit a high yesterday and fell back under pressure near 3300. It fell again during the day to test the support near 3160. The price fell to the middle track support and began to fluctuate upward slowly. At present, the bulls began to rebound slowly and are expected to test the upper track to try to break through. The market has basically rebounded rapidly in the past two days, accompanied by a rapid decline. The shorts are temporarily weak. The market continues to fall, beware of the suspicion of inducing shorts. The idea is still to be bullish. After a small correction, you can consider entering the market at the current price and wait patiently for the market to continue to rise. Real-time guidance: btc0798

Ether operation suggestions:

3170-3200 long, target 3350-3500 stop loss 3130

It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can consult on the bus.

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