The recent market trends have really ignited market sentiment, BTC has rebounded from around 65000 to above 70000,
This rebound of Bitcoin has nearly reached a 15% increase, and the daily line even has a chance to achieve eight consecutive positives.
This trend looks very strong.
Many phase tops often do not appear in panic,
but rather suddenly reverse during a series of large positive lines, when market sentiment is at its craziest.
If two signals start to appear next:
Trading volume gradually shrinks, and the 4-hour cycle shows long upper shadows,
then one structure to be cautious of is: positive turns negative.
So at this position, the most taboo thing is: FOMO chasing highs.
From the market perspective, ETH's trend still maintains a strong structure.
Today, focus on a key position: 2200
As long as it retraces and does not break this position, the bullish trend continues.
The short-term pressure zone above is: 2300—2350
The support below can be focused on: 2170—2125—2095
Yesterday, Ethereum was around 2110, guiding everyone to set up long positions, this wave of market fluctuations,
easily gained 100 points of space, and even in market turbulence, structured trades can still make money.
I've already been watching for the next opportunity. See you in the chat room if you want to profit.