$ETH Evening Thoughts:
Why has the second cake been so stubborn these days and not fallen but has risen slightly? It is because the exchange rate is supporting the second cake.
The exchange rate broke through the 4-hour trend line suppression of 0.03550, and is currently challenging the 0.03659 resistance level. I hope the challenge will be successful. Come on!
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See the picture: 3404 broke through the right side with volume and chased more, and stepped back to 3391 to confirm that the support is effective and lightly position more, or you can wait for a false break and withdraw the long position on the left side. You must lightly position. Set a good stop loss.
The second cake hourly level needs to break through 3428 to see the upper target position of 3468-3515. It is useless if it cannot break through 3428.
The 4-hour level should not have a real candlestick closed below 3373. If the real candlestick closes below 3373, it is likely to look down to 3307-3252. Adjourn the meeting.
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Action is worse than thought.