[2024.2.6 BTC/ETH intraday market analysis]

As the New Year approaches, everyone is busy, and trading volume begins to decrease. The daily line of Ethereum has been sideways for a week, and it can go high and low around this sideways area during the day.

Yesterday, I promoted during the day that if Ethereum starts to rise at the position of 2295 in 4 hours, and if Ethereum starts to rise in 4 hours at the position of 42870, it starts to rise in the afternoon yesterday and starts to pull back in the evening, and the profits should be pocketed.

I am neither a short nor a long, I am a slippery slope of the market. Wherever the market goes, the level will change. If the direction is right, all we can do is to keep our principal as a premise, and then make a trailing stop to lock in profits, and don't be greedy for permanent profits!

Today’s order ideas:

Ether is currently bullish on the 2/4-hour daily line. If you go long, wait for the 2300 position to be reversed. The 4-hour long and short price at this position is also a support level. If it does not fall below this position, the 4-hour cycle will still be bullish. The upper target/pressure level is at 2335-2351-2366 Near these locations

If it falls below 2300 today, the short side will start to pull back on the 4-hour daily line, and the market will continue to decline. The lower support level is around the three positions of 2278-2261-2237.

Pay attention to the position of 42800, which is the 2/4 hour long and short price. If you stand at this position, the market will continue to rise. The upper target/pressure level is near the positions of 43140-43380-43580-43880.

If you cannot stand at 42800 today, the 4-hour level will weaken and enter the short side, and the market will continue to decline. The lower support level is near the three support levels of 42630-42400-42180#热门话题 #BTC #ETH.