Ethereum’s price action is clearly weaker than Bitcoin’s, with a larger decline. After failing to break higher, it continues to fall; in the short term, bears are in control.



The technical outlook is weakening: moving averages are in a bearish alignment, and the pullback has not finished yet. The expectation of interest rate cuts has been delayed, ETH-ETF funds continue to flow out, and selling pressure is increasing.

Key support: 2220
Strong resistance: 2300

Strategy: Short on rebounds as the main approach. Strictly take profit and stop loss, and prevent support breakdown from turning into deeper declines.$BTC $ETH

✅✅✅ Specific operations should be based on real-time order book data. For more information, please check the homepage details, and you can consult the author. The article may be released with a delay$DOGE
BTC-0.3%
ETH-1.64%
DOGE1.63%
View Original
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