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$ETH Many people might think that Ethereum will rise on the weekend, right?!!
Yes, we also think it won’t rise; instead, it will likely fall. Why is that?
After last night’s sell-off, the mainstream market trend is weak, and there’s no good news to push ETH higher.
Even if it rebounds, if it fails to break above the resistance zone of 1870-1900, then the outlook is bearish. You can consider short positions on rebounds within that resistance area. If it breaks above 1900, it’s just a squeeze. The target is 1800-1750. The ultimate target is 1650.#EventContractsLaunch