The difference between ETH and “the big pie” is this: the big pie has already smashed through the POC, but ETH hasn’t yet touched that key daily support/resistance swap zone (around 1,842).



In this leg, ETH is down less than the big pie, but don’t think that means it’s strong. If, afterward, the real-bodied candlesticks effectively break below that daily support level, then the nature of it changes—just like with BTC: support turns into resistance, and a rebound back toward that area becomes the spot where trapped positions are used to escape.

At that time, whenever any pullback comes close to that line, the bulls will all choose to leave first. So for now, looking at ETH: as long as it hasn’t broken the level, it can still catch its breath. But once the real body breaks below it, don’t hold on—an upward rebound is your chance to run.

(Just making things up—don’t take it seriously)$ETH
ETH0.27%
View Original
交易鸡
0/50
30D Return %
+3.02%
+334.58 USDT
30D P/L Ratio
0
AUM
$0
30D Win Rate
0%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned