After the big pancake surged, it began to oscillate downward for a callback. The smaller level has entered a consolidation structure.
Whether it can make a complete and strong breakthrough, as a potential bullish continuation, pay attention to whether the price around 90,000 can hold.
If it is broken with volume, it only indicates that the bulls are not as strong as expected. The price range in the lower vacuum area is relatively large, making it easier for market makers to manipulate, such as classic liquidity raids. Therefore, the main force is more willing to go to a lower position to gather chips. The bulls are lurking around 86,000.
After breaking down, quick action is needed to take profits.
Upper Resistance: 92550/94000/95750/
Lower Support: /90500/88800/86000
ETH maintains a strong breakout at a small level, quickly rebounding after a slight pullback to 3080 in the morning. This is the entry point for large-level bullish positions, but the bullish strength during the day could not continue, and a small level began to transition into oscillation convergence.
After consolidation and oscillation, continue to break upward with volume; the bottom structure has been fully formed, and Ethereum will lead to a reversal from the 4H to daily level.
In the evening, also pay attention to the price performance when it retests this range. After stabilizing from a decline, look for the continuation of the bullish rebound.
If the key position around this range is broken with volume, the bullish rebound ends, and a small-level adjustment begins, with the bulls lurking around 2880.
Upper Resistance: 3188/3260/3310/3380
Lower Support: 3080/2980/2880
A small-level false breakout was completed at the neckline of the large level around 145, and the rebound test could not stabilize again. Follow the market as it begins to adjust downward.
Moreover, the small level has broken below the support around 138, with short-term bulls weakening and expectations of a continued downward adjustment.
In the evening, pay attention to whether strong bullish performance can emerge around the support of 128 below.
The large level is still in the process of forming a phase bottom arc structure. Backed by key support, go long to catch the rebound; follow the market for a strong breakout above 144 again, only then can the bottom be considered fully formed.
Upper Resistance: 144.3/147.2/149.6/153.2
Lower Support: 133/128/120.1
