ETH9.18 evening analysis

The overall performance of ETH is weaker than that of BTC. Yesterday, it also showed a concussive downward trend, with the lowest falling to 1604, a first-line support rebound. It is currently oscillating upward, and the rise has not stopped. The currency price is currently running around 1650, and the four-hour K-line has grown and is shadowed by the shadow. Turning positive, it can be seen that the rebound is strong. Although there is a rebound in the short term, we need to pay attention to the suppression of MA120. From the daily level, the market has a demand for rebound, but it is still range-bound until the suppression of the MA30 moving average above is broken.

Support level: 1640 1620 pressure level: 1680, 1700

Reference operation: The current market is in the range of small range fluctuations. If it breaks through, focus on the short-term resistance of 1680. The large level is in the direction of selection. The idea is to hold high and low before the position is broken, and hold the position if it is broken.

Real-time operation guidance is welcome to pay attention and communicate.