ETH bulls are completely defeated across the board, the market trend has completely reversed, and the bears are firmly in control of the situation!



Since the high of 2400, it has been oscillating downward, with key moving averages turning around, directly shifting from previous support to strong resistance. The rebound in the market is extremely weak; every small rally is an excellent opportunity to short the market. The price has already broken below the key level of 2280, and the bearish downtrend is fully established.

The current price can be used to initiate a position for the bottom, and if it rebounds to the 2290 resistance zone later, add to the short position directly, entering decisively without hesitation.
The first short-term take profit target is 2265; if the support breaks effectively, look toward 2250.
Set stop-loss and defense at 2298; once volume breaks through the resistance, immediately cut losses and exit, firmly avoiding holding the position or going against the trend to buy the bottom.

The current bearish trend is clear; following the trend to short is the way to secure definite profits. Blindly trying to buy the bottom will only lead to continued losses. Stay in sync with the bearish rhythm, trade with the trend, and steadily profit.
#WCTC交易王PK
ETH-0.69%
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