#Gate用户突破3000万# 0192837465657483920 17.2 Market Overview: Are you following the ETH long order?

Last night, I emphasized waiting for ETH to pull back to the support range of 2406-2388. Either set up a long order on the left side or wait for a right-side pullback to enter a long order at 2406. Currently, we are all making solid profits.
After the Ethereum quickly pulled back above 2406 following a false breakdown below 2367 in the morning, this is also our entry point for the long order on the right side, with a defense at the previous low of 2367 and targets at 2462 and 2514; on the right side, we wait for a breakthrough at 2465 to enter a short order if it falls back, with a defense at 2483 and a target of 2406; the high short position on the left side at 2514 remains unchanged, with a defense at 2547 and targets at 2465 and 2406.
Although the MACD has a golden cross, it remains below the zero axis, indicating strong short orders; there is also a divergence between volume and price; conversely, if the support zone of 2406-2388 cannot hold and breaks down, there will be a dangerous possibility of ETH plummeting by 200 points.
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