$ETH
⚠️ETH Air Force please note! Do not lick blood on the muzzle of the daily line rebound!
According to the theory of Chan's technical analysis, ETH is starting a daily line rebound. Currently, there is a continuation of a four-hour rebound. From the one-hour level, it is currently constructing a one-hour level center, and it is expected that in the evening or tomorrow morning, a one-hour departure will occur. As the current fluctuating range gradually narrows, the difficulty of operation has increased. It is still advisable to patiently wait for a four-hour pullback to go long. If you really want to go short against the trend, you must at least wait for the four-hour top pattern to appear + one-hour level top divergence + one-hour pen second sell to go short. Since the daily low points are gradually rising, I still do not recommend going short as the risk-reward ratio is too small.
From the 10-minute pen structure, it is currently continuing the 10-minute segment, and it is estimated that a 10-minute departure will occur tonight. 2124 and 2125 are also parallel tops, and it is highly likely to break. If you hold long positions and 2125 is indeed broken tonight, then hold on, based on the one-hour closing line. If it is a false break, reduce your position or close it, and patiently wait for a four-hour decline before entering long again.