Looking at the chart and analyzing it blindly: a big dump must test twice, drawing a door will lead to a rebound. Generally, after a plummet, there will be a stop loss from short positions forming a natural rebound, but the upper wick cannot touch the midpoint of the big bearish candle, continuing downwards to gain liquidity. Ether's integer 4500 must have some people setting stop losses, leading to a liquidation wave of long positions. 16:00 is the opening time for the fee settlement, and profitable positions made a hundred points before heading to dinner, resulting in a lower trade volume consolidation. If 4520 holds, more people will chase rising prices, and the hourly chart forms a double long wick candle at the bottom with MACD divergence trending upwards. During trading hours, there is a slow rise to create a bull trap, waiting for the US stocks to make another surge. Support is tentatively set at 4490, with resistance around 4670. A hundred points of fluctuation during trading days is very common. The high-probability approach is to use Long Wick Candle to buy low and short high after breaking through the range. Meanwhile, pay attention to the BTC situation; higher trade volumes are the signal to open positions, everything else is just waste time.
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Looking at the chart and analyzing it blindly: a big dump must test twice, drawing a door will lead to a rebound. Generally, after a plummet, there will be a stop loss from short positions forming a natural rebound, but the upper wick cannot touch the midpoint of the big bearish candle, continuing downwards to gain liquidity. Ether's integer 4500 must have some people setting stop losses, leading to a liquidation wave of long positions. 16:00 is the opening time for the fee settlement, and profitable positions made a hundred points before heading to dinner, resulting in a lower trade volume consolidation. If 4520 holds, more people will chase rising prices, and the hourly chart forms a double long wick candle at the bottom with MACD divergence trending upwards. During trading hours, there is a slow rise to create a bull trap, waiting for the US stocks to make another surge. Support is tentatively set at 4490, with resistance around 4670. A hundred points of fluctuation during trading days is very common. The high-probability approach is to use Long Wick Candle to buy low and short high after breaking through the range. Meanwhile, pay attention to the BTC situation; higher trade volumes are the signal to open positions, everything else is just waste time.