02/11/2020
Affected by Bitcoin yesterday, the Ethereum market was all the way up and recovered all the previous day’s decline, and the price returned to the area above 400. Then, because the price of Bitcoin set a new high again, the market also took advantage of the trend to rise, and the price gradually stabilized at 400. , There will be further upside opportunities in the day.
In the short period of four hours, the price of Ethereum began to weaken after the market was under pressure. At present, the market is in a correction and consolidation. The support below is focusing on the 400 line. If the market is not broken, there is a chance to move up further. On the contrary, it will once again withdraw from the previous low of 392 . Due to the recent trend of Ethereum, it is not recommended to chase the rise in operation, and it is better to pull back more steadily.
For the morning Ethereum personal operation recommendations: retracement and do more near 404-402, see the target near 410-412.