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6.24 Market Overview: Is ETH going to double bottom and test the support again?

After the announcement of the ceasefire by Yi in the early hours, ETH also rose, and the market share increased to 9%; at the same time, ETH also stood above the 2406 level, switching between resistance and support.

According to Wyckoff theory, Ethereum has the possibility of a second test of the bottom support; if it falls below 2406 without a pullback above, enter a short position, defending at 2450, with targets at 2320 and 2270; you can also wait for a breakdown and pullback above 2406 to stabilize and then enter a light long position, defending at 2375, with targets at 2465 and 2483;

For high short positions, set a limit at 2483, defending at 2483, with targets at 2406 and 2318; for low long positions, set a limit at 2230, defending at 2183, with targets at 2270 and 2318.

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