Daily market analysis - ETH
The reference period is 4H. Textbook-style falling box oscillation, before the price breaks through and stands firmly on the long-short boundary above, I still hold a bearish idea.
For players who entered the ETH long position in the 2425 area yesterday, I suggest starting to reduce positions and stop profits (because the price did not break through the upper boundary of the box, but was blocked from falling).
I think the three subsequent entry methods are currently in the stage of "shorting the upper boundary of the falling box". Before the price breaks through the box, this idea is currently the main one.
