Old Wu's latest analysis on Ether 1.1🤔

In the first chart, it can be seen that it clearly still belongs to the upward channel and has not broken down yet. Therefore, the overall direction is bullish.

The second chart shows that after the decline, an effective support has formed here.

The third chart shows that the red line indicates a gradual upward trend, or a breakdown with increased volume. Observe the strength of the rebound to short.

Trading suggestion: Go long near 2970, set a stop loss near 2950, if it breaks down with increased volume, observe the strength of the rebound to short #ETH走势分析 $ETH

ETH
ETHUSDT
1,945
-1.12%