ETH Today Consolidation Analysis:

1. Weekly, daily, and 12-hour triple super-long-term cycles indicate a stable bearish major trend;
2. 4-hour weak rebound momentum is insufficient, and after slight correction on the 1-hour chart, it faces resistance;
3. Short-term small rally on 15/5/3-minute charts, bulls are exhausted.
Conclusion: Follow the trend and short on rallies as the main profit strategy; long positions only with extremely small positions to gamble on oversold rebounds, strictly prohibit heavy bottom-fishing.
Expected entry points:
Level 1 short: 1660-1666, first take profit at 1605 (reduce position by 60%), second long-term position take profit at 1605;
Level 2 short: 1644-1648, first take profit at 1608, second take profit at 1577, stop loss at 1670
Long: 1606-1612, take profit at 1640, stop loss at 1599
Personal analysis, for reference only. If entering the market, profit and loss are at your own risk!@#ETH行情分析 #ETH行情预测