[2024.2.20 BTC/ETH intraday market analysis]

Yesterday, the market touched the pressure level of 5.25 and began to pull back. This position was also the first target/pressure position given yesterday. Ether is stronger than the market, and it keeps chugging. Let’s first look at 3000 as the short-term upper target/pressure level. Just around the corner, there are two good news for Ethereum in March, so it has performed very well in recent days. You can pay attention to other currencies such as op/arb.

Today’s order ideas:

Ether has pulled back for 4 hours in 1/2 hour. If you want to go long, wait for it to hit the support levels of 2900-2865-2835 below. Pay attention to the position of 2937 today. If you stand on this position, it means that the pullback has ended and the market has started to rise. Above The target/pressure level is around 2968-3000.

The market will rebound in one hour and then pull back in 2/4 hours. If you go long, wait until you step back to the support levels of 51355-50910 below. Pay attention to the position of 52000 today. If you stand at this position and the one-hour rebound ends, it will start to rise. 4 The hourly callback ends on the long side, with the upper target/pressure level near 52475-52870. #热门话题 #BTC‬ #Ethereum(ETH)