#eth 2.24 Ethereum Intraday Market Analysis📊

2.24 Intraday Market Analysis!!!
Market sentiment [Easy to spike and rebound, forming lows]
Happy New Year, everyone! The New Year has passed, and we are gradually returning to work, starting a new year! This Spring Festival is characterized by volatility. We have reached a major support zone. At any small dip, a rebound is possible! Try to buy on dips for better value. We also took advantage of several short-term long opportunities!!! Be cautious and choose your direction. Let’s see if the market gradually warms up or if the bulls launch a counterattack!!

ETH:
Intraday resistance for a rebound is at 1845-1870. The four-hour closing needs to break through this range for a stronger upward move. Resistance above is at 1903-1935.
If the rebound does not break through the 1845-1870 range, the support below is at 1802-1770. This is very important. If it falls below 1802-1770, look at support around 1745-1753‼️❗️ (Summary: staying above 1870 is relatively strong; breaking below 1802 is relatively weak)
In terms of trading, both long and short positions are possible. Refer to support and resistance levels. Try to buy on dips, gradually add small longs, and lock in profits. Watch for a rebound wave between 2-4 PM!!

High points: 1848-1856, 1880-1896, 1905, 1928-1935, watch for 1954
Low points: 1802, 1783-1770, 1753-1746, watch for 1713 (these lows are just precautions; the market may hit any of these lows and trigger a rebound wave!)

OK, market levels may vary slightly. A few dollars around these levels are acceptable.
(Tangtang’s advice is for reference only) @everyone