In this kind of rapid drop market, how should you operate next? Based on the current situation, the short-term has temporarily stopped falling. From the 4-hour and daily charts, the price still needs to continue moving downward. The nearest support is at 2300. If it breaks, there’s a high probability that the downtrend will continue. On the upside, the rebound resistance is at 2330/2350—there are many resistance levels all the way up. Don’t rush to trade; watch whether 2320 can hold. If it can’t hold, the price will continue to bounce downward. Pay attention to whether the 2300 support is effective. You can consider going long if it holds, and be sure to set a proper defense/stop-loss of #eth .

ETH-0,65%
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