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ETH short-term operation analysis

From the daily chart of ETH, the rebound of Ethereum during the previous holiday just reached the 0.786 position of the Fibonacci line of the previous wave of decline. This position has certain pressure. It is just because Bitcoin broke out, and our layout before the holiday also believed that Ethereum would follow it, but then it fell during the holiday, and Ethereum also fell with it

Yesterday's pull-up of Ethereum also touched the pressure near 2520 and closed the needle, and did not continue to rebound. This trend can also show that the bulls were suppressed by the bears and the rise was weak. Bitcoin also encountered pressure from the top, and then The chance of Ether falling below the short-term low of 2150 is relatively large. It is expected to move towards 2100 below. It also depends on whether Bitcoin can break 60,000.

This week, Ethereum is mainly high-altitude trading. The upper pressure point is around 2490. You can make a layout around this point to stop loss. The target is 2275. If Bitcoin breaks 60,000 and sees around 2100, you can enter the market by yourself;

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