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Hong Kong, April 17th, at 12:20 PM, ETH market analysis
The long-term cycle is upward, the medium-term is bottoming out, and the short-term is slightly bearish. This is the final shakeout before the main upward wave starts. Currently, the core strategy is to build positions in key support levels in batches and patiently hold for a second wave of rally.
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Reference Sell: 2368—2389 (light position trading)
Reference Buy: 2282—2247 (priority trading)
ETH Resistance Levels Above
First resistance: around 2368 (35% chance of breakthrough)
Second resistance: around 2389 (25% chance of breakthrough)
Third resistance: around 2411 (15% chance of breakthrough)
Fourth resistance: around 2425 (8% chance of breakthrough)
↕
ETH Support Levels Below
First support: around 2282 (55% chance of breakdown)
Second support: around 2247 (48% chance of breakdown)
Third support: around 2209 (32% chance of breakdown)
Fourth support: around 2183 (18% chance of breakdown)
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