Daily market analysis - $ETH
The reference period is daily K and 4H.
The first unknown resistance given before was the 3250 area, which was inserted to 3215 yesterday. From the 4H point of view, the market is doing the second test support. If it cannot be supported here, the short-term rising structure will be destroyed, and it is possible to return to the support below: 2500 area.
In other words, when the 4H falls below here, you can chase a short position. The time to stop loss is when the real column returns to the top of the 4H support, which means that a false breakout has been made to kill short-term shorts and prepare to continue to pull.