ETH surged to 3020 last night~ 4-hour high~~ the 2-hour chart showed a double top structure~~
It looks calm on the surface~~~ but the drop is not smooth~~
May be affected by Bitcoin~~~ Bitcoin's market is strong~~
Currently looking at~~ the 4-hour high bearish crossover~~ have to consider the risk of a plunge~~
If you are in cash~ then the plunge is an opportunity to enter~~
Intraday support below: 2930 2913 2902 (Key support 2930)
Broke below the key support: 2890-2880 range
Effective support in extreme market conditions: 2815-2807 2635-2659 2569-2530
Resistance above: 3015 3055 3078
Today is moving in the 2-hour market, currently at a high position, invisible. Showing a lack of upward momentum~~
There is a possibility of returning to the 2-hour zero axis~~ just at the key support near 2890~~
If there is a signal to stop falling~~ you can try to go long~~ with a good stop loss~~
Currently, as long as the 4-hour structure is not broken, it remains a bullish market~~
Currently looking at Bitcoin~~ once Bitcoin pulls back~ all coins will drop significantly~~
