Tonight's ETH Direction: Short-term bias is bullish, but approaching short-term resistance. Current price is at $2,120, with $2,176 being an important short-term resistance level nearby. A breakout could accelerate gains; if it falls back to $2,062 (today's low), be alert for stop losses. Futures funding rates are negative, potential squeeze movements could occur at any time, but there are concerns about continued EF selling fundamentally, which may limit upside potential.
Long positions continue to profit, bullish on 2176 Look Long position reference entry at 2080-2090
Tonight's ETH Direction: Short-term bias is bullish, but approaching short-term resistance. Current price is at $2,120, with $2,176 being an important short-term resistance level nearby. A breakout could accelerate gains; if it falls back to $2,062 (today's low), be alert for stop losses. Futures funding rates are negative, potential squeeze movements could occur at any time, but there are concerns about continued EF selling fundamentally, which may limit upside potential.
Long positions continue to profit, bullish on 2176
Look
Long position reference entry at 2080-2090