🔥$ETH Volatility builds up for a move—around 1920, another opportunity may appear, and the bulls are ready to counterattack! ETH’s price action these days is actually very clear. Earlier, Old Lin went long near 1916, took profit around 1950, and this wave’s rhythm has already been proven.

1. Support in the 1900-1920 zone is effective. After ETH rebounded from the 1852 low, it didn’t keep breaking down; instead, it repeatedly consolidated around 1920. Every dip has buy-side support, suggesting the short sellers’ dumping pressure is weakening.

2. Pressure above 1950 was tested again. After pushing to about 1958 and then pulling back, it shows that 1950-1960 is a short-term resistance zone. But the price didn’t see a deep retracement; instead, it sideways consolidated at high levels to digest. This type of movement looks more like buildup.

3. Old Lin continues to view ETH as bullish. Don’t chase at this level—focus on opportunities around 1910. If it pulls back to test support again, you’ll still consider building a low-buy position.

1934 is a strong resistance level. Once it reaches 34, there will likely be liquidations of more than 1800+ dollars around 1900, where support sits. This ETH move doesn’t look like a weak selloff—it looks more like flushing out short-term longs and then regrouping for another buildup.

The market loves to start when everyone is hesitating. Those who didn’t dare to buy at 1916 yesterday are still waiting for an even lower price today. Opportunity always belongs to the people who prepare early.

Old Lin keeps watching ETH: tonight, whether it can hold steady around 1950 and drive a push toward 1980 will determine whether the bulls can deliver an answer. #GOOGL财报亮眼但盘后跌超3% #GUSD年化升至3.8%