🎈Panda Market Analysis🎈

——ETH Section

Daily Level

1) As long as it does not break through 1DOB, remain bearish #Ethereum

Four Hour Level

1) In the absence of any breakthroughs or breakdowns, trade in the consolidation zone with high sell and low buy strategies

2) Pay attention to the upper boundary of 1850 and the lower boundary around 1720

Hourly Level

1) The hourly level is crucial. First, we see on the hourly chart the H and L forming a shape similar to a bull flag (not discussing the name here). We measure an equal quantity in a 1:1 ratio, targeting around 1892.

2) In last night's interest rate decision, it did not break below 1750 and is exactly at the 0.618-0.666 Fibonacci sequence. Given that the price has not declined, touching the 0.618-0.666 range indicates a stop in the drop, which is a pullback from 1750-1850.

Intraday trading should reference: Pullback from 1750-1850, with stop loss at the recent low, looking up to the 1:1 target at 1892.