ETH has rebounded upward on the daily level since it hit a low of 1626 on June 15, reaching its highest point of 2029, and then followed the high-level correction and oscillation of Bitcoin. The current price is 1861.

I made a comprehensive analysis and deduction on the trend of ETH on June 28, and the actual trend is basically consistent with the deduction made at that time. The only difference is that Bitcoin has set a new high, while ETH has not yet broken through the high point of 2141. According to the structure of the Chaos Theory, this account believes that the high point of 2141 will definitely be broken, based on the upward running center at the daily level. It is only a matter of time to break through. Of course, it is also directly related to the strength of Bitcoin's trend. The stronger Bitcoin is, the shorter the breakthrough time will be.

First look at the daily chart. The yellow line box is the new daily level center. The characteristic of this center is that the center interval is very narrow. In the terminology of the entanglement theory, it is called a running center. The current operation is the third section of the center buying point upward. The probability of this section breaking a new high is still relatively high. Therefore, the secondary level 4-hour buying point is still worth intervening!

Looking at the 4-hour chart again, the 4-hour consolidation divergence triggered a downward correction, which rebounded upward after the correction to the bottom of the center. The fifth buying point of the current center is upward. As for whether it can break through the 2141 high point in the short term, the key lies in the upward strength of this section. If the yellow trend is followed and the 4-hour second sell is issued, the probability of breaking the new high in the short term will become smaller, and it will have to pull back downward to accumulate strength.

Finally, let's look at the short-term 30-minute chart. The contact between the two centers at the 30-minute level constitutes a central expansion and upgrade pattern, and the upward rebound of 1833 failed to break through the previous high of 1905, and the rebound was weak. Therefore, the probability of breaking the low of 1833 again is not small.

Summary: From the perspective of the 4-hour level, ETH is in the middle-yin stage. The key lies in the upward strength of the fifth buying point of the subsequent 4-hour central axis. In terms of operation suggestions, you can use the 30-minute level buying point to buy spot in batches, at least to occupy a 4-hour upward space. Moreover, the current price is very close to the lower edge of the 4-hour central axis. Holding 30% of the spot is a more ideal choice, and then add positions when the 30-minute buying point appears.

The market trends are complex and changing rapidly. The community operation chain will prompt key turning points and buying and selling opportunities in the first time!

The above analysis is for reference only and does not constitute any investment advice!