2.26 ETH Market Analysis
The idea provided for Ethereum yesterday was that as long as it doesn't break 1800, we would look for a rebound. Yesterday, there was also a large bullish candle that reached the equilibrium. Currently, we still need to pay attention to the 12-hour level at this position, whether it can show strength after the divergence. At the same time, we need to observe if the fast and slow lines on the 4-hour level can stay above the zero axis. The most important resistance above is at 2130, which is the upper boundary of the range. As long as it can stabilize at this position, it can open up space above. Currently, we need to pay attention to the adjustment at this position on the 1-hour level, so in summary, the main focus for intraday will be on pullbacks, with key support near 2000. As long as it doesn't break 2000, it will still have a second rebound.
Support:2000-1920
Resistance:2130-2250
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