$ETH Ethereum has fallen from a high and broken support, currently trading around 2280. The price has broken below key moving average support, and short-term bearish momentum continues to be released.


Resistance levels above are concentrated in the 2300-2320 range, with strong resistance at the previous high of 2423; support below is first seen at around 2263, and if it fails, then look towards around 2218.
On the 1-hour chart, the price continues to decline along the moving averages, and on the 4-hour chart, the MACD green bars are expanding, indicating a clear bearish trend.
In the short term, the strategy is mainly to follow the trend with a bias toward bearishness. Rebound attempts may face resistance, so small positions can be tried for shorting.
It is not recommended to bottom fish until a stabilization signal appears. #比特币跌破8万美元
ETH-1.61%
BTC-0.8%
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BrotherRuiTalksAboutCoins
Midday Strategy # Bitcoin Falls Below $80k
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