Analysis of Daily Thoughts on Ethereum by Lao Fu:
$ETH Daily operations for Ethereum still focus on buying on dips!
The first impact from the news:
Tomorrow's upcoming Ethereum upgrade may not be a major benefit, but it is ultimately a positive development, so the main direction for daily operations remains to buy on dips.
The second aspect is K-line analysis, understood from K-line:
In the 45-minute K-line trend down, it is evident that there have been multiple attempts to break through the support range, repeatedly and continuously, turning up to test the resistance level, which is also tested three times. Finally, there is a gradual downward operation at the top, indicating continued accumulation of momentum. Pay attention to the resistance level above in the 1830-1850 range; a breakout with increased volume will lead to a surge breaking through at least 1880.
