Old Wu's analysis on the morning of the 1.5th, #ETH走势分析

Figure 1 shows that last night it was already stated not to short; at the current price, going long still belongs to the upward channel. It has already started to rise this morning.

Figure 2 shows that it is still in the upward channel; do not short. Friends who want to short should continue to wait for effective resistance to form before considering entry.

Figure 3 already shows strong support, indicating that this wave will have a strong rise. Wait for opportunities.

Operation suggestion: Go long on the pullback around 3130 with a stop loss, observe the strength of the pullback. If the decline shows no strong rise, consider going short, or if there is a strong rise followed by sideways movement forming resistance, then consider going short $ETH

ETH
ETHUSDT
1,957.12
-0.54%