In terms of Ethereum, it is not difficult to see that in the past two days, it is a trend of slow rise and quick fall. Although the current price still maintains the range consolidation after last week's decline, during the consolidation process, the number of price comparison tests and test support is obviously more The number of times resistance is tested on a rebound.
Yesterday it rose and fell, and the daily line barely closed in the positive direction. However, this positive line was not enough for the bulls to launch a counterattack, and it even exposed the shortcoming of insufficient rebound momentum. Fortunately, the support in the 1870~1880 area has not been effectively broken, but if it does not , at least in the short term, there will be a big drop. For now, the focus is on the low support. If it can be held, the daily line is expected to rebound after this week's adjustment. Otherwise, it will break down and go down. During the day, it is recommended to go short until it rebounds to a high level.
Ethereum operation suggestions: 1910-1920 short, target 1870.
Pay attention and don’t get lost.