Latest analysis and interpretation

Because the lighthouse country wanted to launch its own exchange and had the support of some large institutions, the market rose sharply driven by the news after it broke through 27,500, reaching a maximum of 29,000. Looking at today, the daily line has broken through the strong pressure area, and the current strong pressure above is located at the 29300-29500 line at the weekly level. After rising in the early morning, the low point was set at 27700. After the white market experienced a second increase in volume, pay attention to the corrective rhythm of the callback that was blocked by strong pressure above.

At the top, focus is on the bearish level for the first time near 29300-29500. The short-term support at the bottom is the 28000 line. The strong support at the bottom is at 27700-27500, which is the transition between top and bottom. Stepping back here is a long position.

On the whole, Ether has not kept up with the rhythm, and the volatility is relatively small. During the day, focus on the early pressure of the 1830-1850 line at the top, and the bullish support on the 1760-1750 line at the bottom. Pay attention to the demand for supplementary growth in the subsequent rotation.

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