Ethereum begins to fight back! Eat meat, eat meat. Are you keeping up?
卿云论
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Afternoon analysis of Ethereum, post reading
The recent trend of Ethereum is still a bit behind that of Bitcoin. After all, the impact of the news is only on Bitcoin, while Ethereum does not have much impact and just follows a few steps behind its big brother. In fact, if we take a closer look at the recent fluctuations of Ethereum, it is quite impressive. The increases and decreases are relatively strong. Although we have not paid close attention to it for a while, we will always operate with Ethereum in our usual layout. The market is at the highest level this afternoon. During the sideways trading stage, let’s analyze the trend of Ethereum and its subsequent layout ideas. From a technical structure point of view, at the four-hour level, after many days of long-short transitions, the K-line pattern has gradually begun to draw. Yesterday and today's morning dips formed a double-pin bottom after the bottom pin was inserted at 1540. In the short term, It can play a strong support role. Although the short position is continuing to increase the volume, it does not have much room for retracement. Although the moving averages are all downward, judging from the recent fluctuations, if the pullback does not break the support, you can choose to be bullish. Therefore, I The idea is still to step back and choose a rebound space. The operation suggestion is to go long near 1540-1530. Target the 1580-1590 range. Defensively focus on 1515 to break the position and see 1640 if the backhand is not broken. 08009457
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