10-20 Ethereum analysis:
From the daily level, Ethereum has now formed an M top structure, and has now fallen below the neckline, which is also the daily double bottom support of 3550. Then look at Ethereum from the lower box. The lower box I think it is an accumulation range, so the upper edge of the box is a strong support 2830, but this position is a prediction, a relatively pessimistic view.
Figure 2 is a Bitcoin accumulation box that year. After breaking through the box, it made a 1:1 box move, and then stepped back to support the upper edge of the box below. Why am I pessimistic about Ethereum’s correction? many? The current trend of Ethereum is almost the same as that of Bitcoin back then. I don’t know whether it will catch up again in the future. Overall, it still depends on the big brother.
The above are just some views on the contract. If you look at it from the spot perspective, I will not think about reaching 2830 and then all the chips will be placed to take orders. For spot orders, I will only place orders in batches. If it falls to certain support, I will The layout will begin in batches, and the rebound of the pin will only happen in a moment. It is impossible to just think of all the chips to catch the tip of the pin. #ETH