#ETH#


🔥 The ETH price just landed on the 20-day moving average (4449 USD), this position is the watershed for bulls and bears.

📈 Bullish opportunity: If it can rebound strongly from here, bulls will once again challenge the upper resistance zone. Once broken, ETH may directly start a new upward trend, with the target being higher highs! 🚀

📉 The plan for short sellers: If the 20-day moving average cannot be held, it indicates that the bulls are running out of strength, and the shorts may push the price directly down to the key support level of $4060, putting the situation at risk.

📌 Operation Suggestions

Hold above the 20-day moving average for long positions, initially targeting the upper resistance zone, and add positions upon breakout.

If it breaks below the 20-day moving average, don't hold on stubbornly. Wait for a pullback to confirm support before considering buying back.
ETH-6.55%
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PiOceanvip
· 09-16 02:12
Citigroup expects the price of Ethereum to fall to $4,300 by the end of the year. Wall Street giant Citigroup has released a new Ethereum price forecast.
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