#ETH🔥🔥🔥🔥🔥🔥

From a technical point of view, after five consecutive attacks, the negative sentiment and bad chips in the market have been digested. The probability of breaking through the trend line here is much higher, but before confirming the official breakthrough, we still need to pay attention to short-term risks. In the long run, retail investors like to see a surge, but we cannot ignore the risks and hidden dangers in the short term.

There are two criteria for judging the official breakthrough:

1. The exchange rate breaks through 0.62, and the support is 0.535~0.57, which is a head and shoulders bottom.

2. If it falls back to 0.5 without breaking, the support is at 0.5, and it fluctuates in a small range.

But no matter which route is taken, there needs to be a period of consolidation structure to connect the long and short transition from A to B. This process usually takes 15~45 days. After the breakthrough from B to B1, the support is stepped back to point C to complete the support and boost. Only then can points B and C confirm the formation of the upward trend, and then a rapid rise period may be formed! $ETH