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- Welcome Kevin_Lee to the Gate Square! 🎉
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[Satoshi] analyzes the early market of ETH
Yesterday's analysis indicated a stabilization and bullish outlook, with a peak rise to around 2070.
The long-term trend at the daily level has encountered a downward continuation, and it is currently in a rebound. Remember, it's just a rebound.
The 4-hour chart encountered resistance at the 120 moving average and failed to break through. It is expected to enter a consolidation phase in the short term, with a range of 2000.
The short-term trend is expected to be around 2000 to 2050.
Resistance level at 2060, support level near 2000.