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On the evening of February 20, 2020, at 23:00, ETH's current price is approximately 1940-1950, showing weak volatility, dominated by bears, with linkage to BTC remaining weak. It is suitable to mainly go short at high levels and buy low as a supplement.
Key Resistance Levels
Resistance ( from top to bottom )
. Strong resistance: 2000( heavy trapped positions, rebound must test )
. Secondary resistance: 1980-1990( 4-hour moving average pressure )
. Minor resistance: 1960( first hurdle within the day )
Support Levels
Support ( from bottom to top )
. Strong support: 1920-1930( dividing line between bulls and bears )
. Secondary support: 1900( integer level, prone to quick dips )
. Strong bottom: 1880( recent low, breaking below may accelerate )
You can place orders around these key levels based on your risk tolerance. $ETH