ETH is currently in a consolidation phase following a sharp rally, with resistance above and support below. Short-term direction is unclear, with a tendency towards weak oscillating consolidation.
Despite the short-term pullback, the overall uptrend channel since the low of 2,102.00 remains intact. The current decline is a normal technical correction after the sharp rally. As long as key support levels are not broken, the bullish trend remains unchanged.
Trading Strategy:
Aggressive traders: Can watch for short opportunities around 2,195, with stop loss set above 2,200, targeting around 2,180; or attempt light long positions around 2,180 to capitalize on rebounds.
Conservative traders: It is recommended to wait and observe, entering long positions only after price retraces to the 2,175 - 2,180 zone and confirms effective support; or follow the trend after price clearly breaks above 2,200.
Risk Warning: If price breaks below 2,170, the short-term trend weakens, and be alert to the risk of a deeper pullback to 2,150. #加密市场回涨 $ETH
ETH is currently in a consolidation phase following a sharp rally, with resistance above and support below. Short-term direction is unclear, with a tendency towards weak oscillating consolidation.
Despite the short-term pullback, the overall uptrend channel since the low of 2,102.00 remains intact. The current decline is a normal technical correction after the sharp rally. As long as key support levels are not broken, the bullish trend remains unchanged.
Trading Strategy:
Aggressive traders: Can watch for short opportunities around 2,195, with stop loss set above 2,200, targeting around 2,180; or attempt light long positions around 2,180 to capitalize on rebounds.
Conservative traders: It is recommended to wait and observe, entering long positions only after price retraces to the 2,175 - 2,180 zone and confirms effective support; or follow the trend after price clearly breaks above 2,200.
Risk Warning: If price breaks below 2,170, the short-term trend weakens, and be alert to the risk of a deeper pullback to 2,150.
#加密市场回涨 $ETH