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Brother Tong's ETH open thoughts today
Short-term clearly biased bearish, prioritize shorting, rebounds are selling opportunities (aligned with BTC, relatively weak).
Trend: Daily high-level pullback, 4-hour downtrend alignment, Bollinger middle band at 2314 with obvious resistance, no volume on rebound. $ETH
Key levels:
Resistance: 2300–2315 (rebound limit, hard to break)
Support: 2250→2220 (first target, strong support)
Operation: Short
Entry: 2300–2310
Stop loss: 2340
First target: 2250
Second target: 2220