#比特币减半 #大盘走势 #Megadrop
April 23: Interpretation of ETH trend and operation ideas:
Compared with the strong rebound of BTC after hitting a new low, ETH's trend is slightly weaker. The upward rebound of Bitcoin has been close to the middle of the 4-hour center, while Ethereum is still hovering and oscillating below the 4-hour center, and has not yet broken through the suppression of the lower edge of the center. On the whole, Ethereum is still weakly following Bitcoin. Of course, once Ethereum breaks through the suppression, it will also keep up with the rhythm of Bitcoin, provided that Bitcoin can maintain upward or sideways fluctuations.
According to the large-scale daily chart, the downward section of the daily level has appeared, which can be regarded as a potential daily level three buy (that is, it has not been confirmed yet, and there are large variables). To confirm the establishment of the three buys, at least the daily pen two buys, that is, the secondary level 4-hour two buys, are required. At present, the daily line is still running upward, which cannot be effectively confirmed, and it is necessary to follow the growth and evolution of the subsequent trend.
Looking at the 4-hour chart again, as mentioned at the beginning of the article, the price of Ethereum is still oscillating near the lower edge of the center, and has not yet broken through the suppression of the lower edge of the center. Combined with the fact that MACD has successfully stood on the zero axis, this account believes that the probability of breaking through the suppression is relatively high.
In short, the current trend of Ethereum is still in chaos. The key is to look at the height of the 4-hour level consolidation divergence and buy upward. If it can successfully break through the suppression of the central high point, the probability of trend reversal will increase greatly. If the upward height is limited and can only reach below the middle of the 4-hour central axis, the trend will be weak and will continue to bottom out.