The price of Ethereum dropped to 1630 in the morning and then rebounded again during the day and returned to fluctuating around 1650. In the 4-hour chart, a wave of high retracement closed below the upward trend line, breaking the short-term upward channel. At the same time, it fell below the middle track of Bollinger Band, and the chronic rising structure relying on the middle track was changed. The 1-hour chart shows a wave of small step-like shocks slowly falling downward. The step passage has a certain continuity. In line with the rebound of the US dollar, short-term prices fell back. Today's white market is expected to continue to fall and adjust first. In the future, we will look at the support point of Qi Stability, and pay attention to the previous rising position and the previous break below. Generally, the same market will maintain a low and long approach to participate.

Radicals can go long at the current price, stop loss above 1635 and take profit above 1660. According to the past non-agricultural market, there will not be much increase, and there will be a quick correction. When the time comes, you can go short with your backhand, and you can eat both long and short positions.