# 技术分析

🔥Ethereum ETH daily chart is blowing up! This wave's high and low points are calculated for you 📈
(Pure chart analysis, not investment advice)
Dropped from the 4800+ high, the overall trend remains a bear market decline. This is just a rebound correction and consolidation! Don't chase blindly; trade based on levels for stability!
🚀【Short-term Long · Money-Making Strategy】
• Entry: 2120-2130 (current price 2158, can lightly test first)
• Stop Loss: 2100 (maximum loss 28U, capped at 30U red line)
• Take Profit: First target at 2549 balance zone, break through then aim for 2800
📉【Trend Short

When breaking out of the converging triangle formation, you should focus on whether the upper and lower boundaries are breached/broken through. If so, you can enter the market at a good price to go long/short.
Stop loss to capture large moves, ultra-high risk-reward ratio #技术分析 $BTC

Several basic judgments on the current Bitcoin trend
1. The weekly chart is in an unmistakable bearish trend, with the next important support level at the previous low of around 53K.
2. The daily chart is in a consolidation phase within a downtrend, with the range roughly within the candlestick of the sharp decline on February 5th this year.
3. To confirm a trend reversal on the daily chart, it is first necessary to break through the downtrend line or effectively break above the high of the consolidation zone.
4. Recently, a strong rebound broke through the high of the consolidation zone and t