$ETH The lower and upper edges of the central zone are at 2350/2420. A pullback to the upper edge at 2350 signals a stabilization and a buy signal. If it breaks below the upper edge, then it’s a sell. After all, panic sentiment is there.
$ETH Short-term cycle is expected to rebound. If it can break through with volume and stabilize above the lower boundary of the central zone at 2700, the trend will be bullish; otherwise, it remains a bearish trend.
$ETH Short-term rebound around 2700 points; breaking through the central zone with increased volume and stabilizing above it indicates a bullish trend, otherwise it is bearish.