🔥【4.27ETH Key Level Analysis: The Battle Between Bulls and Bears Has Begun!】
📌 Core Watershed: 1801
- Bullish Opportunity: If the price stabilizes above 1801 on the 4-hour level, it may aim for 1830→1856→1881, and a breakthrough of the previous high requires sustained volume support.
- Bearish Risk: If the closing price fails to hold above 1801, a pullback may continue, with key support levels at 1777→1755→1721 below, and a drop below 1721 could accelerate the decline.
💡 Market Observation
- Recent two spikes followed by declines indicate heavy selling pressure above, and short-term digestion of trapped positions is needed.
- If testing near 1800 again, pay attention to changes in volume; a decrease in volume during an upward move should be cautious of a false breakout.
⚠️ Operation Suggestions
- Aggressive traders may try a small long position at support (strict stop-loss), while conservative traders wait for direction confirmation.
- The movement of the major cryptocurrency is highly correlated, so keep an eye on BTC's trends.
#ETH Trend Analysis #Ethereum #交易策略