The current trend of concubines is showing a key support game pattern, with the four-hour level support becoming the last line of defense in the battle between bulls and bears. From a technical analysis perspective, if the night market wants to initiate a bullish trend, it must meet the condition of the two-hour K-line closing price effectively breaking through the important resistance level of 2650, which can confirm the possibility of a second surge. Before this key resistance level has formed an effective stabilization, it is recommended to refrain from considering long positions, as the market may continue its downward adjustment in the short term.
Personal suggestion:
It is worth noting that if the price falls below the 2560 support level again, the bearish forces in the market will be further released, leading to a stronger correction trend. The support level below can focus on the 2400 mark; if this position is lost, the downward space may further open up, and the subsequent support range can extend to the 2350-2250 area. $ETH