The second pancake follows the decline in sync; the low touched 2341.52, and the current price is 2367, fully realizing the script of linked weakness.


The high-level short that was called earlier has already taken full profit; following the trend operation will never lose.
- Resistance level (rebound must face pressure): 2390-2410. The original support has turned into resistance; this rebound here is a second opportunity to short. Set a stop-loss above 2430.
- Support level (evening line): 2340-2350. This is the key defensive zone for this round of decline; if it holds, you’ll see a weak rebound. If it can’t hold, you directly look at 2300-2310.
The panic selling pressure of the market directly drives the second pancake lower, and capital outflow is obvious. Tonight, the key focus is the buy-support volume around 2340—only when volume shrinks and stabilizes can there be hope for a rebound; a volume breakdown breaks the level and marks the start of a new waterfall. $ETH $BTC
ETH-3.2%
BTC-2.15%
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