Analysis of Ethereum's early morning market:
The market is going too fast, so here is a simple analysis for reference!
Ether is in a bad mood, it has diarrhea...it has directly hit the 3000 support level updated by the internal group in the evening. It is really a bit fierce. Pay attention to the impact of the Middle East incident on the weekend.
Pay attention to the two positions of 3110-3155 in the early morning 1-4 hours. If it rebounds and stands firm at 3110, look at 3155. There will be a wave of rising market. If 3155 stands firm and does not break for 4 hours, there will be a wave of rebound.
Big level reference: (+-5)
Support level: 2981-2963-2935-2775. (Pin position 2775)
Pressure level: 3045-3078-3110
If it rebounds and stands firm at 3070 in 15 minutes, you can try to continue to play long orders.