4.1 Intraday trend analysis of market trends
Yesterday, I placed a long order idea after the retracement. Since the market has been in the high pulling stage, the movement was small and I was unable to enter the market. Until today, the market formed a wave of bottoming at noon, but the support has not been broken yet. Judging from the daily line, it has been oscillating between 3500 and 3600 recently. The daily fluctuation space has begun to shrink, and overall it is still in a turbulent upward trend. From a four-hour perspective, today's retracement is also a benign retracement and has failed to form an effective breakout trend. Generally speaking, it still maintains the trend given yesterday. The focus is on longs. In terms of operation, the bottom today is focused on 3480. support.
ETH operation suggestions
Place long orders around 3530-3510, target around 3680, "look at around 3800 after breaking the position"
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