【2024.2.18ETHS analyzed again】
① A short-term strong pivot level of 4.2 has been given before, and it was touched many times last week. Yesterday, it was touched by a pin, and it rebounded when it was touched.
This 4.2 can be used as a short-term key point. If it supports it, there will be a rebound. If it falls below, there will be 20 to 30 points of oversold space. This is also a good opportunity to enter the market in batches.
② The support level is 4.2, and if it is oversold and does not fall below 3, it will be an opportunity to distribute excess profits in batches. The pressure level is 5.05/5.6/6/6.4
③Operation suggestions: If it falls to the 4.4 line, you can start to build positions in batches, and just keep falling and covering up positions. If an oversold trend near 3 occurs and you give away money, don’t think about placing heavy positions directly.
