Analysis of Ethereum price behavior:

Daily line: 6 consecutive negative lines after 2727, rebounded for 6 days and fell below the top range of 2400_2522. The time period is consistent, and the closing line is a big negative line. So today, it is the price battle at the important point, rebounding to the 2400_2418 range (the bottom test of the previous three days of shock range, the current volume is extremely poor). The second key point of the test is 2308, which is the continuation of the trend from 2727. There is a high probability of a certain rebound. If it can break, we can see the test of 2150 later. Let's look at the details of 4 hours

4 hours: The ABC wave callback has been completed, but the golden spiral of 1.618 of 2521_2403 has not yet arrived. At present, only 1.382 (near 2355) has been completed. And 4 hours is 2 consecutive negative lines with large volume, and the probability of reversal here is extremely low. Because only high-probability events are done. Then it is much easier to make orders! The resistance space near 2400 above the rebound is empty (and we know that 2418 is a trend structure point at the 4-hour level, which cannot be broken. If it is broken, the high and low points of each K will be raised). Look down at the first target interval 2330_2300 interval to complete the minimum target decline (this calculation is based on computer logic analysis).

The above is for reference only! A breeze!