ETH market read:



Around 1900 has been ranging sideways for three days, with buyers and sellers locked in a stalemate.

Sell pressure at the 2000 level above is heavy, and there is a lack of momentum to break through in the short term.

In terms of strategy, if there is no volume-led push higher, it is recommended to stay on the sidelines mainly, and watch for a buy-the-dip opportunity at the 1880 support.
ETH-0.43%
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
BugBountyBuddy
· 2h ago
The market has been range-bound for three days, so it’s safer to stay on the sidelines and observe for now.
View OriginalReply0
CryptoPunk101
· 2h ago
The grind around 1900 is indeed tough; the 2000 resistance is clear, but the support at 1880 below is also strong. If there’s no strong volume pushing the price up, then a pullback should be waited for before considering an entry.
View OriginalReply0
  • Pinned