$ETH
After last night's sharp drop, Ethereum has begun to enter a phase of fluctuating and gradual increase.
Currently rebounding above 1560 again, with last night's drop to 1538 as the bottom, it will follow a U-shaped reversal route.
Therefore, the upcoming trading strategy will focus on rebounds, with low-level pullbacks to enter long positions, which will become a trend.
Support is around 1567, and if this range is not broken, consider trying long positions with a stop loss.
The upper resistance level is 1599; if broken, it will surge higher.
Let’s discuss and analyze together, focusing on the overall trend.
