The current price is 3025. The so-called "bottom rebound and channel flag adjustment" is a weak recovery after the decline, not a trend reversal: the trading volume has not increased synchronously during the rebound, and the price is already close to the upper pressure of the channel. The claim that "no top signal has appeared" is merely a short-term fluctuation phenomenon. The risk of breaking below the lower edge of the channel after a subsequent surge is relatively high, so do not blindly be bullish.
Trading suggestion: Short near 3050-3080, target 3000, 2950 #Gate广场圣诞送温暖
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.
$ETH 11.27 midday ETH strategy analysis
The current price is 3025. The so-called "bottom rebound and channel flag adjustment" is a weak recovery after the decline, not a trend reversal: the trading volume has not increased synchronously during the rebound, and the price is already close to the upper pressure of the channel. The claim that "no top signal has appeared" is merely a short-term fluctuation phenomenon. The risk of breaking below the lower edge of the channel after a subsequent surge is relatively high, so do not blindly be bullish.
Trading suggestion: Short near 3050-3080, target 3000, 2950
#Gate广场圣诞送温暖