Spot Analysis - ETH
ETH's trend is still one range lower than the market, and it has not yet completed an effective upward breakthrough. However, there is still an opportunity to rush to 2483 at the internal level. After the rush, short-term stocks should be actively sold, and medium- and long-term chips should be observed to see whether the volume is increased. If the volume is increased, you can continue to gamble. If not, you should appropriately reduce your position and roll the position to reverse the spread.
From the daily trend, as of now, ETH has not recovered the downward MA30, which means that in the later rise, this range will still suppress the trend technically. Therefore, the market opportunities are mainly short-term in nature after the internal level callback.
From the 4H trend, the price is close to the upper short-term suppression range. It is not recommended to chase the high after the rise. Considering that the market has the risk of rushing up and falling at night, ETH will also be pulled down at that time. We mainly do low-multiple market after the callback.
Short-term support is 2390~2368 (watch the market), short-term suppression is 2483~2510 (considering the overall structure is relatively low, if the volume breaks through this range, the second retracement can be regarded as an opportunity, and gamble 2662~2717).
