#ETH走势分析

Continued from the previous article

II. ETH

Recently, it can be seen that ETH is much stronger than BTC. Various positive factors emerge in an endless stream. It is much stronger than the big cake. The support of the key position of 3350 is too strong. Why? Because the original ETF has given ETH a certain value through direct explosion. In the eyes of many big guys, 3300-3200 is already a price that can be used for initial position building, so 3300 and below is a relatively strong support range.

1. Back to today, Ethereum has failed to rebound and break through the top at the h level many times. 3660 and 3560 are relatively strong resistance ranges. The general direction is - the same as BTC is bearish

2. From the morning of the 18th to the 19th, ETH stopped falling strongly at the 15f level, forming a perfect reversal wedge, which is different from the pseudo head and shoulders bottom of the big cake. And it went up directly without almost stepping back. Then, it still did not break through the 3560 range strongly. What does it mean? The bulls do not want to exert force at this position. Then, it consolidated below this range, right? Combined with btc analysis, you will come to the conclusion that btc drags down eth. But the big brother is the big brother after all. At this critical position, if the big brother wants to fall, you have to follow.

3. Is it possible for eth to also go to the head and shoulders bottom? I think there is a certain probability, just like the second picture, so during this period of time when there is no breakthrough, I am not wrong to look at the short-term short, maybe it was led astray by the big cake again? It is also uncertain

4. Don’t look at the long position if it does not break through and stand firm at 3570. At least now I don’t see a clear trend reversal signal.

In general, trend + profit and loss ratio, the selected cottage has obviously reached the resistance/bullish weak position, so you can control your profit and loss ratio and follow the trend. You have a greater chance of winning. Doing these two points well can actually make stable profits. But you are also risky in cottages, because you don’t know whether it will pull your plate and go against the trend of the market. If so, you can only be unlucky😭