ETH is very strong, basically no pullback, the 5-day line support has flattened instead of dropping. As long as the short-term support near 2950 on the 5-day line holds, we continue to look for a three-wave rebound on the daily chart. Is it really going to 3600?
The weekly chart shows a high probability of an upward movement with a twisting line. The support at the bottom is 2980, and if there is a pullback, we should first look for buying opportunities near the support of 2900-2850. The resistance at the top is the daily middle line at 3060; if we hold above that, we look for a breakout at 3170;
The current major trend still looks for a three-wave rebound on the daily chart. The risk is a pullback for a second test, and in the short term, we should pay attention to the support situation of the 5-day moving average, and then confirm the rebound with a second golden cross. The starting point of the trend below is the previous low of 2772;
