#ETH

ETH Market Analysis

Continuing to talk about this little garbage called Ethereum, today the foundation has started selling coins again and again, all I want to say is mmp!

Back to the point: Combining with the previous articles, we can see that Ethereum broke through the small resistance level of 3430 and moved up a bit, but it did not complete the subsequent resistance breakthrough, rising to around 3510 at its highest, just 50 points away from the next resistance at 3560. Let's see if it can test and break through this resistance today!

In terms of trends: Currently, after a small-level breakthrough, there has been a pullback. This is worth paying attention to. If strong support can be achieved at this position during the conversion between support and resistance, then the rebound towards the upper resistance will become much easier. The upper resistance line to focus on is whether it can break through 3560!

The long positions in Ethereum that I mentioned to my brothers on the 1st are still being held. The first target position of 3430 has already taken partial profits, and the remaining situation is fine!