ETH weekly consolidation range 2800-3320. Referencing Gann's numerical theory, it may take about two more weeks for the breakout of the consolidation range, and until the market effectively breaks out, one can sell high and buy low within the range.

Daily cycle: Yesterday's closing line was a small bearish candle. Considering the support rebound at two-day bottoms, the upward momentum has clearly weakened. The opening at eight o'clock this morning shows that the upward force is not strong enough. For the daily line, pay attention to the resistance at 3040 and support at 2930.

Intraday short-term resistance 3040-3120

Intraday short-term support 2980-2900

$ETH

ETH

2,251.91

-6.86%