24-01-12 ETH Today’s Views
The way to invest is to love your money before you invest. If you invest, you will think deeply about it. If you invest, you will lose your energy. If you stop investing, you will calm your heart!
Ethereum today recommends going short at the current price near 2600, with a target of 2580-2450 and a stop loss of 2660. From the trend analysis, Ethereum has risen in three waves. From an hourly perspective, the high of Ethereum last month was 2455.52, and it met the 2455.52 line. It was blocked and fell to 2254.72. It stopped falling at the 2254.72 line and reversed the increase to 2434.49. It encountered resistance at the 2434.49 line and stepped back and stepped on the pin to fall to 2067.16. It stopped falling and rebounded. It fluctuated in a wide range. It tried upward and failed to break through 2300. As of this month On No. 8, it stopped falling and rebounded at the 2165.43 line to get support. It fluctuated all the way up to the 2359.63 line. When it encountered resistance, it fell back to the 2222.44 line to stop falling and found support. It fluctuated all the way up and broke through last month's high of 2455.52 to the 2463.37 line. Then, In the short-term correction, it rose all the way to 2645.65. When it encountered pressure at the 2645.65 line, it pulled back and entered a shock consolidation. The bulls once again tried their best to test the increase to the 2691 line. The three waves of increase have become clear. Then the third wave of increase encountered resistance at the 2691 line and came out of the second wave. The continuous negative decline stopped at 2571.28, breaking out of three consecutive positive trends. If it cannot stabilize beyond 2600, then short-term bulls are not enough, then the third wave of gains will encounter resistance and pullback, and there is a greater possibility of attracting bulls. It will rise to 2691 and step back to the breakout level. 2600, and then rebounds to fluctuate around 2600, then there is a very high possibility of attracting long orders to enter the market at this time. If the long orders enter the market and reach a certain trading volume, and then withdraw significantly to set long orders, then I personally recommend rebounding and watching. Mainly empty, stay tuned to Zhuge Panbi for more content!
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In the era when the trend has no curtain, let the one side bloom forever. That special care is to retain the current time, let the one side continue, let the trend not change, calmly follow the trend, and be relaxed and leisurely.