Ethereum also welcomed the bullish volume in the morning, and the price went all the way back to around 2300 and fluctuated.

In the 4-hour chart, at midnight, it held the support of the lower track of the Bollinger Band and rebounded strongly, which was relatively sustainable, but the tail was affected by the opening of the morning market today at the downward trend line. Today's white market will first look at a wave of retracement confirmation. As for the trend after confirmation, it must be rearranged in combination with the pattern. Whether it will fall back under pressure or accumulate momentum after retracement and break the trend line again, it is currently unknown. Pay attention to the transformation of the pattern.

The 1-hour chart has a small step rise. With the small Yinxian stepping back and the big Yangxian pulling up, a local three-step volume is formed. In the volatile market, especially in the trend change from short to long, the three consecutive step highs are often accompanied by retracement, combined with the resistance of the 4-hour downward trend line. The short-term thinking in the morning can continue to maintain the high-altitude thinking before breaking the downward trend line.

Operation suggestion

Ethereum rebounds to 2330-2360 and continues to be short, with the target of 2200