Old Wu 1.3 Evening Analysis #ETH走势分析

Figure 2 shows stabilization within the upward channel, indicating it may be time to consider going long.
Figure 3 shows that the resistance above is greater than the support below, proving that entering long positions now is not suitable. Don't be afraid of missing the opportunity.

Trading suggestions:
Aggressively short with a stop loss around 3126; the specific entry points may vary slightly.
Alternatively, continue to observe cautiously. When the sideways support level exceeds the resistance level, consider going long. Place a stop loss near the new low around 3075. $ETH