ETH Analysis

1: Four-hour bearish engulfing pattern. If there is no continued upward movement tonight, this wave of increase will end, and the focus will shift to shorting.

2: At the upper edge of the range, if there is a false breakout above 2786, liquidity will be pushed down again. Shorts can be placed at 2786 and 2820, with a stop loss at 2845 and a target at 2733.

3: If the subsequent pullback does not break 2689, 2656 will rise. These two levels are the previous low points of the pin bars, and a pullback can be used to increase long positions.

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