🚨 ETH Major Warning: Daily Support Broken, Bottom Risk Intensifies! 🚨
📉 Yesterday Review: Key Indicator Broken
ETH broke through the key daily support yesterday, with EMA20 being strongly penetrated, and the price once touched $3380, with the main force abandoning resistance, leading the market into a bottom-seeking mode!
🔍 Technical Analysis: EMA2520 Breaks, Seeking New Support**
- EMA20/50 break confirmation, short-term trend weakens, bottom-seeking signal is clear.
- Current support range: $3240 (0.382 Fibonacci + FVG) and $2810-$2963 (0.618 Fibonacci).
- If the $3380-$3440 oscillation range cannot stabilize, downward pressure will point to lower support at $2800-$2900.
📈 **August-October Strategy: Buy the Dip, Accumulate Power for Explosion**
- August: The current pullback is a good opportunity to buy low, focus on the $3240 and $2810-$2963 support levels, looking for opportunities to build positions.
- **September: If support is confirmed, capital accumulation will drive explosive growth, target $4000-$4200.
- **October**: Bull market peak may reach $5000-$5500, beware of peak profit-taking!
- **Warning**: The wealth gap between people will widen in this round, make decisive decisions, buy and hold!
🍀 **Wishing you good luck, may your wealth double!**
#ETH #InvestmentOpportunities #BullMarketStrategy
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