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China 🇨🇳 Time: February 2nd, 00:22 AM, ETH Strategy
The overall trend remains bearish, go with the flow, do not go against the trend.
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Breakthrough resistance level: continue to rise to test the next resistance level
Break below support level: continue to fall to test the next support level
【Pin insertion to sweep liquidity. Not considered a breakthrough or breakdown】
Recommended short positions: 2380——-2400
First resistance level: 2480——-2500 (25% chance of breakout)
Second resistance level: 2580——-2600 (15% chance of reaching)
Third resistance level: 2740——-2800 (6% chance of reaching)
↕↔↕
First support level: 2235——-2245 (68% chance of breakdown)
Second support level: 2120——-2145 (45% chance of reaching)
Third support level: 2000——-2020 (25% chance of reaching)
#ETH