ETH

Ethereum reached around 2390, which is likely to form a head and shoulders bottom on the four-hour level yesterday, just as we expected. Today's overall approach remains the same; if it does not effectively break through 2385 on the four-hour chart, it will oscillate between 2385 and 2488. Only by breaking through the 2490 level can it open up space above. Therefore, we need to pay attention to whether the 15-minute small level can oscillate around 2390 to form a base. If it can oscillate to form a base without breaking 2390, it still presents an opportunity for us to buy on dips. We are currently choosing a direction, so there are opportunities for both bulls and bears. Just manage the support and resistance levels well.