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Current price is approximately 2,423 USDT, down 0.93% over 24h, with an overall downward trend.

Technical analysis:
Candlesticks: The rebound failed to break the previous high, followed by another large bearish candle, with bears in control.
MACD: Below the zero axis, with the green bars expanding, indicating strengthening bearish momentum.
KDJ: J value at -12, oversold; a short-term rebound is possible, but no golden cross has formed.

Key levels:
Resistance: 2,470–2,500
Support: 2,407 (previous low); a break below targets 2,374

Strategy:
Long: Wait for stabilization or a golden cross; do not blindly buy the dip.
Short: If the rebound is rejected at 2,450–2,470, consider a small short position.

Summary: Bearish bias; follow the trend with shorts or stay on the sidelines, and set strict stop-losses.$ETH
eth
ETHUSDT
Perp
--
-4.52%
‌$ETH
eth
ETH/USDT
--
+0.00%
‌$BTC
btc
BTCUSDT
Perp
--
-2.77%
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ETHETH-4.52%
BTCBTC-2.77%


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TheBoss'sBrother-In-LawIsHappy
an hour ago
Author
What do you think of BTC? 🤔
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SomeoneInTheNorthernPartOfThe
an hour ago
Oil prices break above $100—can the crypto market withstand it?
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SomeoneInTheNorthernPartOfThe
an hour ago
Buy now, or keep waiting?
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SomeoneInTheNorthernPartOfThe
an hour ago
First Review
Supporting from the front row 🙌
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