5.15 ETH market analysis: Ethereum hits the bottom twice, and will rebound sharply
Ethereum continued to fall today. After the price fell below the previous low of 2863, it hit the 2858 pin and quickly reversed upward. The current price is still running near the lower track of 2890 on the one-hour chart to absorb funds.
In the short-term one-hour chart, Ethereum continues to fluctuate upward and there are signs of rebounding to the pressure of the middle track. The key support of the lower low is near the 2860 range. The current price is still near the low point, which is just right for bottom fishing. Overall, bulls are still optimistic. Although it has been falling recently, the decline is very small each time. The strength of the short position is very weak. As long as the bottom support is maintained, the rebound is only a matter of time. Be prepared to step back and take more. For specific details, you can find me for private chat. Real-time guidance: btc0796
ETH operation suggestions:
Step back to 2860-2890 to take more, the target is 3050-3200, and break 3300. Stop loss 2820
Dealing with the market alone is easily affected by emotions, resulting in a long-term situation of more losses than gains. Friends who are not satisfied with the operation and can't find the direction can consult.
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