Why did #ETH experience a pullback at 2680?
If I remember correctly, a few days ago there was a viewpoint that a pullback would occur upon first touching 2666-2680, which is actually just Fibonacci. However, the support level given for backtesting is 2610, which can be considered a small miscalculation~
--- Temporary support at 2590; if the price remains above this level, it will maintain high-level fluctuations.
--- If it breaks below 2590, short for a bit, targeting 2545 - the upward trend line.
--- In the second chart, the upward trend line is mentioned for the third time; I’ve drawn it out, and will not remind you in the future. You can go long here.
--- 2720 can be understood as the dividing line between bull and bear markets for this segment of the market; if it breaks through, the bulls are back.