2024.5.7 #ETH Market Analysis
Chart Analysis (H1)
1) Here, the H1 bearish OB is tested and refuses to break the downward structure. At present, it is stepping back on range-EQ. I think there will be a short-term rebound here, and then continue to move in the downward structure.
2) So we still pay attention to H1 bullish OB. The accumulation here is a buying opportunity. If it falls below, we should pay attention to hunting range-L.
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