[Analysis of Ethereum Trend]
Written at 21:00 on the evening of January 14, 2025
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The picture at the end of the article is the "Daily Chart of Ethereum".
In the previous wave of upward trend,
the auntie broke through and started on November 6,
and extended the daily level "three-line diamond trend line",
continued to oscillate upward step by step,
and then effectively broke through the "three-line support" to end the market.
At the beginning of this month, there was a wave of attempts to break through,
but it did not stand firmly above the "three-line trend line".
Only three days after the breakthrough, it fell below the trend line again,
which should be regarded as the main force leading the "false breakthrough to lure more".
Yesterday's daily line fell in large volume,
and briefly pierced the psychological barrier of 3,000 US dollars.
It is currently in the process of oversold rebound in the short term.
In the near future, if it cannot stand on and stabilize the "three-line trend support" again,
it does not mean that the upward trend is coming.
In the near future,
it is necessary to wait and see for the time being,
and be careful to prevent a fall after the rebound.
The overall linkage movement of mainstream cottages.
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