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Old Wu Ethereum 1.1 Latest Analysis 🤔
Figure 1 shows a clear upward channel, and it has not broken down yet. So the overall trend remains bullish.
Figure 2 indicates that after the decline, an effective support has formed here.
Figure 3 shows the red line gradually rising and pushing up, or a decline with increased volume breaking below support, indicating the rebound strength is being used for shorting.
Trading suggestion: Go long around 2970, stop loss around 2950, and if it drops quickly with volume breaking below the rebound, short. #ETH走势分析 $ETH