ETH encountered resistance near the mentioned short-term pressure around 3250 yesterday, falling back to dip further. However, the good news is that it has once again stood above the 20-line on the 4-hour chart, which may lead to further fluctuations.
The daily trend has not changed, and the 4-hour oscillation may be forming a triple bottom. As long as the next low does not break the previous low, we can enter the market to go north, with right-side support around 3100. Or if it dips further down to expand the oscillation support near 2950, one can also consider moving north. #ETH
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ETH encountered resistance near the mentioned short-term pressure around 3250 yesterday, falling back to dip further. However, the good news is that it has once again stood above the 20-line on the 4-hour chart, which may lead to further fluctuations.
The daily trend has not changed, and the 4-hour oscillation may be forming a triple bottom. As long as the next low does not break the previous low, we can enter the market to go north, with right-side support around 3100.
Or if it dips further down to expand the oscillation support near 2950, one can also consider moving north. #ETH