Ethereum has now formed the first wave of upward trend structure. For now, it is necessary to pay attention to whether the consolidation structure has ended. If it is not finished, a BCH lower fall pullback structure may form.
Therefore, the long orders near 3530 should first take profit and exit, in order to prevent a decline in wave C, and then enter long again after the decline.
#Trade Recommendation: Pullback to around 3400, continue to increase long positions.
#现货以太坊ETF获美SEC批准 # Ethereum big pump #ETH trend analysis
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$ETH 5.27 Ethereum market analysis
Ethereum has now formed the first wave of upward trend structure. For now, it is necessary to pay attention to whether the consolidation structure has ended. If it is not finished, a BCH lower fall pullback structure may form.
Therefore, the long orders near 3530 should first take profit and exit, in order to prevent a decline in wave C, and then enter long again after the decline.
#Trade Recommendation: Pullback to around 3400, continue to increase long positions.
#现货以太坊ETF获美SEC批准 # Ethereum big pump #ETH trend analysis