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$ETH 1.26ETH saw the first emergence of bullish energy bars on the daily chart yesterday, with RSI already above 30. The panic sentiment in the market has returned to normal levels, benefiting from a relatively large amount of buy the dip pressure accumulated below. After a wave of escape from the market makers yesterday, the amount of intervention has not changed much. Currently, there is a dense area built up in this region. Throughout the day, we still pay attention to the lower edge of the dense area, which is around the 2897 position. If the hourly chart's candlestick breaks below, the price still has the potential to return to the lower range of 2845-2800. For upward movement, we focus on the upper edge of the vacuum period dense area at 3060, making the operation relatively simple.
Staying steady above 2948, we can see 3060.
Broke below the 2897 level, looking at the lower range of 2845-2800.