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Analysis of the current market situation of ETH:
The first image is a 15-minute chart, where the lowest point of the market has perfectly ended. This is the tp3 stop-loss position of the downtrend segment. If it does not continue, there will be a rebound at the current position. If the current level cannot get effective support, it will continue to move to the hourly chart, which is the reference point in the second image!
The second chart is the 1-hour chart. The head and shoulders structure on the hourly timeframe is currently supported by the left-side highs. Therefore, 2600 is an important level for this timeframe. If 2600 continues to drop 📉, we need to defend 2530. However, reaching this position will cause the monthly line to close in the red!
The third chart is a daily line chart. The current chip concentration area is above the daily line. For the daily line, 2600 is relatively critical. If 2600 is lost, we need to look at around 2565 and 2500 USD. Once the big trend breaks below 2500 USD, the subsequent market will be risky. At the same time, the chip concentration area of the daily line is also the center of the weekly line.
The current analysis is a comprehensive analysis of the static market, and the market can change at any time. Therefore, operations should be based on the dynamics of the market. The above opinions are for reference only and do not constitute any investment advice! #加密市场反弹#