Previously mentioned 2525 multiple times; before breaking through, 2520 can be shorted with a stop loss around 2528~~
Breaking through here actually means not to short~~ If it breaks and stabilizes, it will turn bullish~
Now it has reached the next key resistance level 3630-3645
So the current consolidation range is 2525-2645
As long as it doesn't break through or fall below, you can trade longs and shorts within this range, with the corresponding stop losses in place
There is also a key price range in between 2550-2563
Currently moving in the 1-hour market~~ In a high position, it is consolidating~~~ The market is still strong~
But at a high position, there may be a pullback~~ Pay attention to the pullback; as long as it doesn't break 2550-2525, we can consider going long
Can it rebound~~ Pay attention to when the 1-hour MACD returns to the zero axis~~ Can it form an effective rebound~~
Currently, the major direction is still looking at the 2-day line~~ The whole direction is the 2-day line returning to zero and then rebounding~~ Whether the MACD can increase the bullish energy bars is key to whether the ETH market can continue its bullish trend
Upper pressure level: 2613-2635 Stop loss within 2650 Be cautious when shorting after a breakout
Lower support level: 2563-2550 2530-2525 (long position reference) Be cautious when going long if it breaks down
