ETH Market Analysis


From the hourly perspective: Weak oscillation, insufficient volume, and doubt about the sustainability of the rebound before breaking through 2090; a test of 1977 is more likely, and if it probes 1936 to form a double bottom, the rebound momentum may strengthen; a direct break below would accelerate the bearish trend. From the daily perspective: The head and shoulders top pattern is approaching completion, with a clear medium-term downward target.

Trading Suggestions
ETH range of 2065-2090 for short positions, targeting a decline to 2010-1960; if broken, then look toward 1900 and 1810. This is just my personal opinion, for reference only. Manage your positions and set your defenses accordingly. #Gate广场四月发帖挑战
ETH-0,31%
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