$ETH Analysis
The upper resistance level for Ethereum is at 2545 and 2654.
I do not advocate shorting; if you have long positions in Ethereum, you can appropriately hedge to protect profits.
At the same time, the ETH exchange rate has reached 0.03545, and this week it is highly likely to close above this level, showing strong bullish momentum.
Possible scenario 1 is, as shown in the second chart, the exchange rate starts to take off.
Possible scenario 2 is, the exchange rate touches 0.3545 and is suppressed, accompanied by a major correction back to around 0.031, then we continue to add to Ethereum's long positions.
In the next round of corrections, we will focus on the long positions of $BNB , believing it will perform well, as it has not yet started to gain momentum as the leader of the exchange. 😁👍
