In the past few days, there hasn't been much refinement of the four-hour structural pressure. This wave of ETH has seen a final support from 2783 to 2807, and the overall rebound is slower than BTC by half a beat, only reaching the theoretical first take profit point for long positions, with the second take profit point still lacking and the momentum being relatively weak. If we correct it a bit, then ETH has roughly rebounded to a four-hour pressure point and then came down. For specific pullbacks to those levels, you can refer to the chart below. Similarly, if we continue to pull back later, forming a second probing rhythm, then we can plan another long strategy for reference, which I will develop alongside BTC for guidance.
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ETH market data trend analysis follow-up: →♥
In the past few days, there hasn't been much refinement of the four-hour structural pressure. This wave of ETH has seen a final support from 2783 to 2807, and the overall rebound is slower than BTC by half a beat, only reaching the theoretical first take profit point for long positions, with the second take profit point still lacking and the momentum being relatively weak. If we correct it a bit, then ETH has roughly rebounded to a four-hour pressure point and then came down. For specific pullbacks to those levels, you can refer to the chart below. Similarly, if we continue to pull back later, forming a second probing rhythm, then we can plan another long strategy for reference, which I will develop alongside BTC for guidance.