ETH is experiencing a rebound in the 30-minute and 45-minute charts today, with a 2-hour market~
Pay attention to the height of the rebound, combined with the strength of the MACD energy, to see if a golden cross can form in 2 hours
The key resistance level is the range of 1820-1833 above. If it breaks and stabilizes, we will look up further.
👉 The upper level of 1797 is a short-term resistance level~~ If it cannot break, you can consider shorting (pay attention to the upper resistance at 1820)
👉 The support at 1724 can be tested for a long position if a bottom pattern appears~~
More reference points for support and resistance levels below
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Upper resistance levels: 1820 - 1833 1907
Lower support levels: 1724 1691 1670 1623
Fear index: 60
Real market long and short amounts: Long 40% Short 60%
Number of positions ratio: 0.66
Looking at the data, the amount of real market shorts is increasing, and there is a risk of a spike upwards to liquidate shorts~~ Those shorting should pay attention to risk management~~
Risk still focuses on whether the 5-day line is effectively hidden!
