ETH
Yesterday's market for the aunt helped by news, surged to the 3470 line but faced resistance and pulled back for adjustment. The daily level saw a strong bullish rise, and it did not test the MA60 line, so the focus going forward should be on this line, which is the 3520-3550 range. If the market fails to break through, we will continue to look for support downwards, waiting for confirmation of support before starting a new round of significant rises. Conversely, if it can break and stabilize, we will choose to follow the right-side trading method to see an upward continuation, and we can at least see the 4xxx range again.
Although the 4H level market broke through the EMA200 line, the solid bearish candle fell back below it. For now, the first resistance can be based on the previous high as a small boundary for reference, followed by the suppression near the downward trend line. The first support reference is near MA60, and next is the previous accumulation zone below 3200. For the short term, we will intervene based on the resistance and support area.