Ethereum is likewise in a downtrend at the four-hour level. In the short term, pay attention to the key resistance levels at 2100-2120. Only a valid breakthrough of this area will mark the formal end of this four-hour downtrend. Before the rebound can establish stability, blindly buying the dip at this stage has limited significance.



For long positions, it is recommended to patiently wait for opportunities, prioritizing layout setups after a wick insertion and stabilization in the 2000-1950 range. A more conservative approach would be to wait for the price to stabilize above the 2100 resistance level on the one-hour chart before attempting to catch the long positions.

Only a successful breakthrough of the 2100-2120 resistance zone will further open up the rebound space. At that point, the price may potentially challenge the daily-level resistance area of 2150-2170. #TradFi首创多倍杠杆 $ETH
ETH-3,29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin