Looking at the afternoon trend of Ethereum, the price broke through the short-term Bollinger Band middle track resistance after consolidation, and currently the trend is running at the lower edge of yesterday's box range. The overall downtrend has not changed, and this is just a weak rebound after overselling, not a trend reversal. Although the short-term bearish momentum has weakened, there is heavy selling pressure above, and I believe the rebound is limited.



ETH: Short at 1650, target 1590, stop loss 30 points#eth
ETH-1.30%
View Original
post-image
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
  • Pinned