ETH Analysis 4.11
Ethereum fell back to the small band split 0.618 position, which is around 1825, and then rebounded by nearly 100 points in the short term, and encountered resistance at the large band split 0.5 position, which is around 1930. The current market is still very resilient. If this point near 1950 is broken, it will limit the high point of August 2022 to around 2030!
The current short-term support level of ETH is at the integer mark of 1800 points. The current short-term pressure level is in the range of 1930~1950. The previous high pressure level is around 2030. If the market breaks through 1950, it is likely to hit around 2030!
ETH short-term trend: There is a high probability that it will fluctuate and climb higher, and the extreme position will hit around 2030!
ETH short-term operation:
Ambush short-term long orders near the eth1780-1800 range, see 1850-1880, risk control 1760
Ambush short-term shorts near the eth1940-1950 range. See 1880-1850. Remember to control the risk at 1960.
Boldly ambush a steady short position near the eth2025-2050 range, see 1920~1800. Risk control 2075
Breakthrough analysis: If Ethereum breaks through the 1950 mark with large volume, aggressive traders can chase long orders to the 2000-2050 range#ETH #Binance
