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April 30 Morning Analysis of Xiao Yue’s Second Contract
From the four-hour market view, the second contract pulled back from the high near 2404, dipped as low as around 2220 where it briefly stabilized, and the rebound strength was clearly weak. It did not form an effective stabilization signal; afterward, the price came under pressure again and fell back. In the overall trend, bearish sell pressure is dominant. During the rebound, there was insufficient support to take it through, and the downside momentum is still being released. Currently, it is in a clearly declining rhythm.
Trading advice:
Place orders in batches to build positions in the 2300-2330 range, with targets looking to the 2220-2160 range.
#以太 #以太坊