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$ETH 4.16 Ethereum Evening Trend:
Last night, U.S. stocks opened higher and kept moving higher. The price surged to 2385, then met pressure and fell back. It has been inching down with a steady bearish grind for 4 hours, and the overall 4-hour structure is still relatively bullish.
However, at the high level in the short term, the back-and-forth/struggle is clearly obvious, and the main area to watch above is the 2350-24000 pressure zone.
At the current position, it is not recommended to blindly chase longs. Choose to go long on rebounds around the time before and after the U.S. stock market opens.
🔥🔥 For trading, refer to the support levels at 2300-2330 and enter in batches. #Gate13周年 #Gate3月透明度报告