Lao Wu 1.4 evening analysis #ETH走势分析

Figure 1 shows that the new high was broken in the morning, but it hadn't broken when the chart was drawn. By the time it was posted, it had already surged, so the timing was late. It indicates an upward channel, so avoid shorting.

Figure 2 shows that it is still within the upward channel. It is recommended not to rush into short positions.

Figure 3 shows that there is already a resistance level (which can also be considered a support level). You can consider entering a short position, but currently it is not recommended to short because, as mentioned in Figure 2, it is still in an upward channel.

Trading suggestion: Enter long at the current price, with a stop loss around 3100.
Brothers looking to short, wait a moment, don't rush. Only enter trades when the trend is clear. Wait for a clear decline, then rebound and short, with a stop loss above the new high $ETH