ETH is taking a sharp dive ⚠️ 2300 has been lost, short-term bulls and bears are battling it out 🔥📉
After breaking below 2280, #ETH continues the pullback, hitting a low of 2256, currently experiencing weak consolidation above 2250.
The price remains capped below 2300 and the 100-hour moving average, with a descending trendline around 2300 acting as resistance.
If we can stabilize above 2250 in the short term, there might be a bounce, but we need to break above 2320 for a stronger signal.
Key resistance levels to watch above are 2335 and 2375, pointing further towards the 2420 zone.
If we lose 2250 again, we’re looking at support levels down to 2200/2150 and even 2120.
MACD momentum is weakening, RSI has slightly rebounded above 50, overall leaning towards a weak consolidation. #ETH/BTC比率创十月新低
After breaking below 2280, #ETH continues the pullback, hitting a low of 2256, currently experiencing weak consolidation above 2250.
The price remains capped below 2300 and the 100-hour moving average, with a descending trendline around 2300 acting as resistance.
If we can stabilize above 2250 in the short term, there might be a bounce, but we need to break above 2320 for a stronger signal.
Key resistance levels to watch above are 2335 and 2375, pointing further towards the 2420 zone.
If we lose 2250 again, we’re looking at support levels down to 2200/2150 and even 2120.
MACD momentum is weakening, RSI has slightly rebounded above 50, overall leaning towards a weak consolidation. #ETH/BTC比率创十月新低