Market Review: Ethereum
Analysis of 4H Level Situation
We have said before that compared with Bitcoin, ETH is a consolidation trend structure, and it is still the same now. You see, Bitcoin has broken through the center and started to move away from the stage, but Ethereum is still in the center.
If Ethereum wants to produce a large-scale trend, it must first break through the center.
If it does not break through, when we trade, we still have to follow the idea of consolidation, that is, the level of holding can only be the secondary level of the center.
Analysis of 30F Level Situation
At the 30F level, ETH is in a non-backward rising state after the third buy, and there is a need for the center to grow. 👗👇
If there is a retracement at 30F in the future, we can first make a low-long operation at the 30F level. 👉BNB0098
However, we should also pay attention to the performance of the trend on the upper track of the high-level central axis, and beware of the high probability of a small turn to a large consolidation trend.
