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ETH Market Analysis


The key level at 2350 has temporarily lost its uptrend support; breaking below it has weakened the short-term outlook!
Immediate support is at 2283, with strong support at 2265.
Immediate resistance is currently at 2335-2365.
Reclaiming 2350 would put 2400-2435 in view.
The short-term trend has stabilized, with the MACD forming a golden cross below the zero line and the red bars expanding. Some short-term bearish momentum has temporarily weakened, and the 2,305–2,310 zone offers support from a resistance-to-support flip.‌
If the support zone at 2283-2265 fails,
prices will likely reach 2228-2180! There is a dense liquidation zone worth $214 million near 2180! Until prices stabilize above 2350, the overall trend remains weak.
With the U.S. midterm elections approaching, trade cautiously, set take-profit and stop-loss orders, and take profits in time! Avoid overtrading!#美股财报季 $ETH
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ETHETH-1.23%


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WalkingTheLongestRoadWithYou
24 minutes ago
I agree that 2350 has been lost; short-term pressure is at 2335-2365. 2283 is still some distance from the current price; for this trade, I’ll only treat 2288 as the invalidation level. We can talk about a recovery only if 2300 holds; if it doesn’t, I won’t add halfway down.
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OrderBookArtist
32 minutes ago
214 million in liquidations are waiting at 2180. Longs at this level will get badly burned if they’re not wiped out outright. Wait for a firm hold above 2350 before considering a right-side entry; opening positions frequently now is just giving the market more fuel
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BlueChipStaker
an hour ago
Not holding 2350 really hurts; if 2283 can’t hold, that liquidation zone at 2180 looks terrifying. Better to play it safe until the midterm elections
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BlueChipLayback
an hour ago
A MACD golden cross below the zero line is some consolation, but expanding red histogram bars only fool short-term traders. If 2265 breaks, look directly at 2228–2180. Set your stop-loss and don’t be stubborn
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GeniusTrader!
2 hours ago
Amazing, Bro Zhong! Took profits for a whole week straight! Absolutely zero losses!
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SnakeU
2 hours ago
🥳
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TheBraveLittleShin-Chan
2 hours ago
First Review
🥳
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