$ETH ETH too weak? Don't worry, there's a reason why you weren't let in at 2945! The early morning is the decisive moment! 🔥
Ethereum has really been too weak lately, not even a decent four-hour level rebound has occurred. During this time, there have been quite a few individual segments at the 30-minute level, and currently, ETH is undergoing a four-hour downtrend. It's estimated that there will be a 30-minute rebound tonight and then continue to make new lows, which could lead to a potential bullish divergence at the 30-minute level. Most likely, the first buy will happen again in the early morning, and the second buy might be tomorrow morning or afternoon. In the morning, let's have the partners in the chatroom wait for the 30-minute bullish divergence. It's estimated that the first buying opportunity might not come until after 10 PM tonight when ETH is still at 2945, and by the afternoon, it dipped to 2918. Isn't that pretty good? Now the timing has been postponed again.
So be patient and wait. The main thing is that this position is a four-hour support level and also a low point. Of course, the focus is on bullish divergence for long positions. If you want to short, you definitely have to wait for the four-hour resistance level around 3080-3100 and look for opportunities to short when ETH shows a 30-minute bearish divergence.
