ETH has broken through 4733 on the right side, chase rising prices and recover stop loss.


4711 volume dropped, chase rising prices on the right side, set a good stop loss.
Pull back to 4630 to confirm support is effective, add one more position, stop loss at 4585.
ETH is stable at 4736 on the hourly level looking up to 4752-4783-4807, when Bitcoin rises, ETH immediately loses momentum.
Pay attention to 4783 above ETH to open a short position, with a stop loss at 4807.
Left side order: 4502 long, stop loss at 4475.
🍆
Resistance above 4752-4783-4807
Support below 4708-4639-4606
On the 4-hour level, it breaks below 4696 looking down at 4608-4563. ETH cannot break through the flag pattern drawn in the chart; once the flag pattern breaks down, ETH needs to be cautious. The volume below has been consistently decreasing while rising, which is not a good sign. Those who are chasing rising prices of ETH should pay attention to the risks.
BTC0.29%
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