Latest analysis by Lao Wu on February 1st, #ETH走势分析
Figure 1: It was clearly stated yesterday that the trend is upward, overall bullish
Figure 2: It shows that there is effective strong support formed here
Figure 3: Currently still in an upward channel, do not rush to short
Operation suggestion: Now is a good time to go long during the pullback, if you prefer to short, hold cash and wait for opportunities. If the upward momentum is weak and the consolidation lasts too long, look for a short position. Currently, the operation is to go long during the pullback, stop loss at 2980, $ETH
ETHUSDT
Perp
1,924.13
-2.75%