BYBIT:ETHUSD.P   ETHUSD Perpetual Contract
Today, ETH experienced a large drop. It can be seen from the 1D chart that the price is still in the support range of 1474.15~1495.85. This range also includes the support of the fibonacci sequence of 0.618, which means that there is a certain support effect.
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If the closing price of the 1D chart is lower than 1474.15, you can pay attention to the support below:
1436.05
1407.86
1320.20~1328.40
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ETH four hour chart:
ETH has a bottom pattern in the support range of 1474.15~1495.85. If the price falls back to this range in the future, you can pay attention to the price action, and there is an opportunity to rebound.
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