Bearish on ETH: Current Market Analysis
ETH is currently still in a consolidation phase, and it is difficult to break through important support and resistance levels in the short term. Recently, the price has repeatedly tested the resistance level near 3000 but has not been able to break through, and the pullback has been quite strong. From a technical perspective, ETH has not formed a clear bullish structure, so we can continue to maintain a bearish outlook, especially in a market environment where sentiment is relatively cautious.
Trading Strategy:
Left-side short: If ETH touches around 3043 again, consider shorting, set a stop loss at 3146, and target lower at 2941 and 2876.
Right-side short: If the price breaks through and then falls back to around 2993, short again in the trend, with a stop loss set at 3146, and the target can also be 2941 and 2876.
Low long operation: If there is a pullback to around 2833, consider a low long, set a stop loss at 2739, and target at 2927 and 2961, with the tail warehouse set at 2999. #Ripple拟建10亿美元XRP储备 #ETH走势分析 @财经华哥
ETH is currently still in a consolidation phase, and it is difficult to break through important support and resistance levels in the short term. Recently, the price has repeatedly tested the resistance level near 3000 but has not been able to break through, and the pullback has been quite strong. From a technical perspective, ETH has not formed a clear bullish structure, so we can continue to maintain a bearish outlook, especially in a market environment where sentiment is relatively cautious.
Trading Strategy:
Left-side short: If ETH touches around 3043 again, consider shorting, set a stop loss at 3146, and target lower at 2941 and 2876.
Right-side short: If the price breaks through and then falls back to around 2993, short again in the trend, with a stop loss set at 3146, and the target can also be 2941 and 2876.
Low long operation: If there is a pullback to around 2833, consider a low long, set a stop loss at 2739, and target at 2927 and 2961, with the tail warehouse set at 2999. #Ripple拟建10亿美元XRP储备 #ETH走势分析 @财经华哥
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BTC
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ETH
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