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2025/2/22
ETH morning market view
#ETH
Trend: Trading within a range, biased towards oscillating decline, range: 2690--2660, expected decline to 2650~2660, with a low at 2630
Pressure: 2719--2728
Support: 2612
Points to note: Currently in a sideways oscillation phase, pay attention that a prolonged break below 2660 will slowly oscillate up to around 2700, then if it fails to hold above 2700, it will fall back to around 2660 and break through the trend, falling to the low point around 2630. It will maintain a narrow range oscillation. If it falls below 2660, you can take a small long position at the support level below!