Variety cycle: #ETH $ETH 1H
Trend: Potential reversal of the downtrend
Key levels: 2255 (support) 2310 (pressure)
Market evolution:
"1 red line" The price rebounds after falling back to 2255 and breaks through the previous high and trend line, showing a short-term bullish trend.
"2 green lines" After the price fluctuates within a range, it directly starts to break through the previous high and the trend line, showing a bullish trend
Expected to reach the potential support-pressure swap position of 2420 near the previous high
Signal: The signal is supported by the retracement to 2255 or a signal of a fake breakdown and a pin bar
The signal of the 1H cycle breaks through 2310
⚠️: Give up the transaction if there is no signal in the market