The weekly ETH level
#以太最新周线趋势判断 is still in a broad oscillation pattern, and there is finally more hope of reaching double the lowest point of April at 2760-2780, with no upper limit as it follows Bitcoin’s upward termination point. The hope for breaking even after chasing highs last week has come.
In a broad oscillation, there is also significant downward space. On Monday, there is a continuation of last night's upward momentum, which could lead to a strong rise, but there is also a high possibility of a pullback, potentially hitting 2503-2485. It could also continue to decline, with the maximum weekly pullback zone at 2395-2381, and there is a possibility of a significant pullback to 2307. Therefore, there is still hope for breakeven after adding positions during the decline last week.
Try not to chase shorts below 2500, as the time spent below will be short but difficult to endure. A bull market is approaching in the second half of the year; further chasing shorts may be difficult to recover from. (This article will be continuously improved as it involves weekly-level judgments.)
#ETH Regarding the spot market
$ETH , continuously add to the spot as it pulls back to the pin points to wait for the rise to make segment trades in the spot market of
$ETH .