ETH is currently in a downtrend channel. The usage of this type of channel is to short or go long when price touches the upper or lower rail. Another usage is when the channel is broken, the channel itself will form attraction to price, and if price accelerates downward breaking through the lower rail, there will be good long opportunities. See the diagram for details. Intraday, if there is an accelerated break below the lower rail down to 2075-2100, consider opportunities to add long positions. Currently the downtrend channel is moving very neatly, temporarily viewing it as an adjustment trend.
ETH is currently in a downtrend channel. The usage of this type of channel is to short or go long when price touches the upper or lower rail. Another usage is when the channel is broken, the channel itself will form attraction to price, and if price accelerates downward breaking through the lower rail, there will be good long opportunities. See the diagram for details. Intraday, if there is an accelerated break below the lower rail down to 2075-2100, consider opportunities to add long positions. Currently the downtrend channel is moving very neatly, temporarily viewing it as an adjustment trend.