📊#ETH Ascending Wedge 📉

🧠From a structural perspective, we are still in a downtrend, and the downtrend structure remains intact. Therefore, the risk of further decline has not been eliminated. We are currently facing resistance around 2000; be cautious about chasing the price higher!

➡️From a model perspective, an ascending wedge has formed here. We generally expect the price to continue falling according to this model.

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📊Where is the key support for #ETH?

🧠From a structural perspective, we are still in a downtrend, and a box-shaped trading range will likely form between 1737 and 2150. Therefore, both the bottom and top of this range present opportunities for both long and short positions.

➡️Therefore, the key support zone to watch is 1865-1900, with extreme support around 1788.

➡️The resistance zone is 2150-2250.

⚠️In a highly volatile market, please be sure to manage your risk!

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#Wolf_king88 $ETH
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