10.11 Xin Cheng Morning Ethereum Analysis
In the early hours of today, ETH experienced a deep pullback, briefly dipping to a low of 3400. Currently, the market's long and short positions have settled, with bears overwhelmingly controlling the situation. The downtrend channel for ETH has been completely established, and the subsequent downward momentum is clearly visible.
Operation Suggestion: 3850～3820 near the target 3700 3650#BTH
In the early hours of today, ETH experienced a deep pullback, briefly dipping to a low of 3400. Currently, the market's long and short positions have settled, with bears overwhelmingly controlling the situation. The downtrend channel for ETH has been completely established, and the subsequent downward momentum is clearly visible.
Operation Suggestion: 3850～3820 near the target 3700 3650#BTH