The highest and lowest points of a trend, then use Fibonacci values to measure, there's nothing wrong with that, but if you can't measure accurately, you can use a magnet.

#加密市场回调

Recently, I've been a bit in love with Fibonacci retracement, saving me the trouble of drawing money.
The upward resistance for ETH is at 3464. If it holds and rebounds, the downward levels are 3259 and 3054. If it goes lower, we will wait for the next bull market.
I saw someone suggesting to buy long at 3380, which should be based on the 1-hour or 4-hour support. You might catch a wave of fluctuations; this can be tried with a small position, and the take-profit can initially be targeted at 3464.
#待回本的小韭菜 I am just a new retail investor who is learning. I post only to record my learning process. Investing has risks, so don't blindly follow others; you might lose money.