2026.4.23 Auntie Yi’s Today’s Thoughts



High-level range-bound trading and a washout shake, strong resistance with weaker support; follow the trend rather than going against it. Overall it tracks the big coin closely; it’s slightly bearish but the structure hasn’t broken. In terms of trading, the main approach is selling at the top of the range and buying at the bottom, while strictly controlling risk.

Strong resistance: 2400–2420 (the previously trapped zone + a psychological level; only a breakout with increased volume may give a chance to push towards 2450+)
First support: 2340–2350
Second support: 2300
Long positions: wait for a pullback to 2340–2350 to find stability before taking entries; stop loss at 2320; target 2380–2400
Short positions: rebound into 2400–2420, then look to open shorts at resistance; stop loss at 2435; target 2370–2350

Today’s market is range-bound at higher levels, with high volatility. Be sure to trade with a light position size + strictly set stop losses; don’t fight the position, and don’t chase highs $ETH
ETH-2.07%
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