Hong Kong, April 19th, at 12:16 PM, ETH market analysis



Long-term bullish, medium-term bottoming out, short-term weakness, the market is accumulating pressure and has not yet released it. The next breakout or crash is likely to determine the main trend for the coming weeks. The current optimal strategy is to build positions in key support levels gradually, hold patiently, and wait for weekend news catalysts.

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Reference Sell: 2403——2416 (counter-trend, light position trading)

Reference Buy: 2282——2245 (trend-following, prioritize buying)

ETH Resistance Levels

First resistance: around 2403 (32% chance of breakout)

Second resistance: around 2416 (22% chance of breakout)

Third resistance: around 2465 (15% chance of breakout)

Fourth resistance: around 2475 (8% chance of breakout)



ETH Support Levels

First support: around 2320 (42% chance of breakdown)

Second support: around 2282 (28% chance of breakdown)

Third support: around 2245 (15% chance of breakdown)

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$ETH
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CaughtRed-HandedStealingPigs
· 29m ago
666
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EasyAnd141319
· 2h ago
Push forward
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FruitsAndVegetables
· 3h ago
Just charge forward and finish it 👊
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lovememe
· 3h ago
Keep going
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lovememe
· 3h ago
Go all in 🤑
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0Aiden
· 3h ago
DYOR 🤓
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NonoTheKing
· 3h ago
Okay, Yellow Hair Brother
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GuardiansOfTheGalaxyY
· 3h ago
Steadfast HODL💎
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GateUser-7acac709
· 3h ago
Buy the dip and enter the market 😎
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GateUser-7acac709
· 3h ago
Get in quickly!🚗
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