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Tonight, Ethereum 2400 attack and takeover battle—do you think it can complete a breakthrough?$ETH
The current price is hovering around 2380, repeatedly testing below the 2400 level.
At present, the bulls have been lifting from 2065 all the way up. The price action has been ranging and consolidating around 2085, with clear signs of inducing shorts. Judging from the trend, the rally volume yesterday showed an obvious divergence with the candlesticks, indicating that the main bullish forces are concentrating on squeezing short positions. At this stage, it’s still running a short-inducement shakeout—so it’s recommended to hold onto your chips, with the target at 2400.
The bullish side believes: Once it holds, the next target is 2400.
The bearish side believes: Once it breaks down, it will directly look toward 2200.
Are you with the bears or the bulls? Free bets in the comments:
Tonight, can it break 2400 and take off
If it can’t break through, get ready to drop back to 2200
If you can’t make sense of it, whatever—just go with it.#GateioInto11