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ETH analysis for today, for reference only
On the daily timeframe, after failing to rebound between 2440-2548, the price has broken below the original ascending channel. The technical structure remains bearish, with the current key zone at 2323-2365.
If this zone holds, a corrective rebound is likely, but a trend reversal would still require reclaiming the 2440-2520 range. After the technical breakdown, liquidation risk is concentrated around 2180. Institutions are temporarily entering positions in the 2280-2315 zone. For now, the main focus is on a daily-timeframe reclaim of 2323-2365! Be sure not to trade too frequently. With meetings and the midterm elections approaching, trade cautiously and use stop-losses!$ETH #美股财报季