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9.20 Ethereum intraday market analysis:
The Ether market rebounded three times last night and hit the 1660 line, but was suppressed. This trend has been repeated recently. The short-term price fell again to test the bottom support. Each time the price rose, it would retreat slightly. On the daily line, the price will inevitably return after it reaches the middle track. To continue to rise, the bottom price on the 4-hour chart is also rising, indicating that the trend is still bullish. At present, the price is continuously attracting funds near the middle rail to establish a clear bottom. After the resistance is reversed, continue to take long positions and enter the market. Yesterday morning analysis talked about the follow-up The idea has always been to go long on dips, and go long if there is a retracement. The trend is still bullish, so stay bullish.
Suggestions for making Ethereum pie:
Step back to 1610-1630 to go long in batches, target 1680-1735, stop loss 1590
Step back to 26800-27000 and go long in batches. The target is 27500-28050 and the stop loss is 26600.
This column's long-term technical analysis is objective and rational, with clear ideas, accurate points, and speed, taking you through the currency circle.