There is intense long-vs-short competition for ETH around the $1586 level, with the bulls having a slight advantage.
ETH’s market cap accounts for 8.9%. If ETH ETFs continue to see inflows, the share could return to 18%+. In the short term, ETH’s trend still depends on how BTC performs—if BTC doesn’t crash, ETH has a chance.
Strategy: On pullbacks to the $1554-$1546 range, scale in with positions. Set a unified stop-loss at $1519. Reduce half of the position at $1657; the remainder should target $1697.
#ETH #以太坊 #Market
ETH’s market cap accounts for 8.9%. If ETH ETFs continue to see inflows, the share could return to 18%+. In the short term, ETH’s trend still depends on how BTC performs—if BTC doesn’t crash, ETH has a chance.
Strategy: On pullbacks to the $1554-$1546 range, scale in with positions. Set a unified stop-loss at $1519. Reduce half of the position at $1657; the remainder should target $1697.
#ETH #以太坊 #Market