ETH current price 1570.9 Strategy



Opinion: The overall structure of ETH is currently in a clear downward channel, with moving averages forming a typical bearish arrangement pressing down layer by layer. Although the MACD shows faint red bars below the zero axis, the rebound momentum is severely insufficient, representing only a weak recovery within the downtrend. Additionally, recent inflation exceeding expectations has reignited rate hike expectations, leading to a continuous rise in market risk aversion. The temporary reversal of USDT market cap also reflects tight liquidity in the current market.

Key Levels

Short-term resistance 1600

Strong resistance 1660-1700

Short-term support 1530

Strong support 1503

Orders

Order 1: ETH Short (Win Rate 82%): Entry 1595-1605, Stop Loss 1630, Take Profit 1550/1530

Order 2: ETH Short (Win Rate 85%): Entry 1655-1675, Stop Loss 1710, Take Profit 1620/1580

Order 3: ETH Long (Win Rate 78%): Entry 1525-1535, Stop Loss 1495, Take Profit 1570/1600

Order 4: ETH Long (Win Rate 75%): Entry 1498-1508, Stop Loss 1470, Take Profit 1550/1590
ETH0.84%
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