【Today’s Strategy-ETH】

It can be seen from the 1-hour trend of Ether that it has been oscillating in the box since the suicide fall. When making orders in the market outlook, we need to focus on which side of the long and short sides will fail first.

As can be seen from the chart, Ethereum fluctuated back on Wednesday and entered a downward trend, and the trend line pressure was relatively obvious. After breaking the support level, it began to fall sharply. After repairing in the early morning yesterday, it made a small V turn, but after the V turn, it was not above 1660. It stabilized and went up, but went out of the same trend as in the previous period, and was suppressed by the trend line here. Combined with the MACD dead cross trend, today is mainly short.

The historical trends are always surprisingly similar. Whether right or wrong, it is a fact that the general trend at the daily level is short, so we can go short near the current point, and the target point is the lower support level.

Strategy:

The aggressive current price is short at 1651, the stable price is near 1660, and the target points are 1620 and 1605.

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