5.20 ETH market analysis: Ethereum falls back to the bottom, patiently waiting for a big rebound
Today, Ethereum continued to fall downward, and the current price is still testing the middle track of 3070 in the 4-hour chart.
In the short-term one-hour chart, Ethereum is testing the bottom support by inserting a pin on the lower track, and the lower low point is supported near the 3050 range. The current price is still going down. The daily line has broken through and stabilized the pressure of the middle track. The follow-up is waiting to continue to seek a breakthrough upward. Overall, I am still optimistic about the bulls. Continue to buy more when it falls back. For specific details, you can find me to chat privately. Real-time guidance: btc0796
ETH operation suggestions:
Buy more when it falls back to around 3040-3070, and the target is 3150-3220, and break 3300. Stop loss 3000
It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can get on the bus for consultation.
