2024.5.21#ETHMarket Analysis

Chart Analysis (Daily Chart)

1) Yesterday I said that ETH here actually builds a convergent triangle at a large level. Look at the blue range, and then the ETF news last night pushed it directly upwards to plunder. Now let's look at the test of 3736 first, pay attention to the price reaction, and the ultimate goal is still the bsl new high.

2) If it falls back to the bk position, it is a buying opportunity. Short positions can place orders here

PS: This article is only a personal opinion, not an investment advice, please be at your own risk