Five-Day Daily Oversold Replay Summary and Core Conclusions: Over the past five oversold scenarios, the core cryptocurrencies have all responded positively to oversold signals; at the current position, the price is likely to still respect this signal, but it is important to clarify that the nature of the signal does not necessarily indicate a trend reversal.
1. Review of the past five oversold scenarios: - Starting point of the rally - Rally continuation - Consolidation - Rebound - Breakout and technical rebound near previous lows
Key Reminders: 1. Respect oversold signals ≠ trend reversal! The current upward movement is more similar to situations 4 and 5— a rebound within a downtrend rather than a reversal. 2. Conditions for reassessing market nature: effective breakthrough of key resistance levels + moving average turning point, both are indispensable. 3. Prior to this, the upward movement should be regarded only as a rebound, and the trading approach remains unchanged. #ETH走势分析
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Five-Day Daily Oversold Replay Summary and Core Conclusions: Over the past five oversold scenarios, the core cryptocurrencies have all responded positively to oversold signals; at the current position, the price is likely to still respect this signal, but it is important to clarify that the nature of the signal does not necessarily indicate a trend reversal.
1. Review of the past five oversold scenarios:
- Starting point of the rally
- Rally continuation
- Consolidation
- Rebound
- Breakout and technical rebound near previous lows
Key Reminders:
1. Respect oversold signals ≠ trend reversal! The current upward movement is more similar to situations 4 and 5— a rebound within a downtrend rather than a reversal.
2. Conditions for reassessing market nature: effective breakthrough of key resistance levels + moving average turning point, both are indispensable.
3. Prior to this, the upward movement should be regarded only as a rebound, and the trading approach remains unchanged. #ETH走势分析