Analysis of the market trend at noon

Ether is much stronger than the big cake at a small level, and it continues to pull back. According to the hourly level pattern analysis, Ethereum may hit a high point or a second high point and then start to step down.

If it develops according to this structure, after a 4-hour level step, it is expected to form a bottom divergence pattern. At present, it is planned to go long in the 2490-2460 range. It is relatively safe to go long in this range, because it is not only the support line position, but also has strong buy orders.

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