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ETH Pattern Simplified Strategy
Currently, the price is compressed between the upper and lower trend lines, forming a converging wedge. The rebound high of 1848 faces strong bearish resistance at 1870, indicating a short-term downward correction.
Key Resistance
1870 1846 1820
Key Support
1750 Mid-level support
1710-1730 Core support zone
Bull-bear dividing line
1800 Holding above offers a rebound opportunity, breaking below extends the decline
1710 Breaking thoroughly turns it bearish, stabilizing stops the fall
Operational Ideas
Above 1800 Wait and see for rebound confirmation
1800-1710 Range-bound oscillation, avoid heavy positions
Break below 1710 Follow the trend and go short
#Marvell大跌近10%
#Bitmine买入2万枚ETH
$ETH