ETH Analysis: The resistance area is located between 2980-3050 points. Yesterday, we mentioned that after the market breaks below 2980 points, the decline will accelerate! Is there any problem with that? So, what is the current effective range of the market? Take a moment to think about it! We previously mentioned that the upper resistance area is between 2980-3050 points, and a breakthrough at 2980 points will accelerate, indicating that the 2980 point has completed a top-bottom exchange at the current high-point pressure. The effective range is currently between 2850-2980 points. However, note that if the short-term trend continues to break through 2850 points, it indicates that short positions are strengthening. The previous 4-hour structure shows that the 2810 point is the lower rebound position of the previous wave cycle, confirming that the 2810 point acts as downward resistance. In the case of a weak rebound, it is recommended to mainly focus on shorting after a small range rebound.

Layout recommendation: Focus on the key high point for bullish volume at 2910 points. Short-term trading recommendation is to short after the market rebounds to 2870-2880 points, with risk control focusing on not breaking 2910 points. Recommended target is 2950 points! Pay attention to the target level around 2750 points below, and consider taking profit at 2780 points.

Regarding the bullish outlook: The rebound support line is between 2800-2780 points. Given the situation where the short-term rebound is not strong, I can only suggest taking small positions for slight rebounds. The defense is at 2750 points, and the high point is around 2850 points. The risk-reward ratio is around 1:1, which is relatively high risk. Friends who are particularly optimistic can consider entering with light positions in small phases. More conservative friends may want to focus on the main short positions during rebounds! The above thoughts are based on Lao Jin's views on the market this morning, and everyone should consider them for reference!