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Ethereum experienced a cliff-like decline last night, dropping from the high of 2423 all the way down, directly breaking through all short-term moving averages.
The 30-minute chart shows a full bearish trend, with MACD continuously declining and RSI entering the oversold zone, with downward momentum completely unabated.
In this wave of one-sided trading, any attempt to catch a bottom midway will be ruthlessly harvested by the bears.
Currently, the price is stuck around 2335, with no signs of stabilization. Watching more and acting less is the only safe choice.
👉 Do you think this decline will directly break 2330, or will there be an oversold rebound?
1. Continue to decline, follow the trend and look for short opportunities
2. Oversold rebound, try long positions with light holdings
Comment with the number directly
#ETH #Gate #合约避坑