Market analysis, combined with the market analysis yesterday afternoon, the pressure level we gave is 1860, and it has been a day since the pressure level moved up to 1870-1920.
The support level below has not changed much at present, 1740-1680. We can still look at the layout near the unchanged pressure level, and break the pressure level by 5-15 dollars as a defensive position.
We can continue to look at the downward retracement in the direction of the day. After all, Ether and Bits have already exceeded the TD9 retracement indicator. If not, then we will wait until the TD13 retracement.
At present, during the day, we will keep the sky high and look down. Pay attention to the pressure level 1870-1920 and the support level 1740-1680. If the pressure level is not broken, it will be bearish. #ETH