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(March 19 Afternoon) ETH | Stabilizing After Sharp Decline, Watching Key Support for Rebound
ETH has pulled back significantly after encountering strong resistance near 2390. The Fed decision drove a rapid decline, but the downtrend did not continue. The bullish trend remains intact, and continuous ETF net inflows provide support at the bottom, with the long-short battle entering a stabilization phase.
Key Levels:
• Core Support: 2140 (on-chain cost + structural support, if held steady, a rebound is expected)
• Rebound Target: 2250–2300
✅Operating Strategy:
If 2140 does not break, you can take light positions to trade the rebound; if broken, manage risk and look for range recovery once support is established. Not sure when to enter? Try pinning Zhuyeye 🤔
$ETH #Gate13周年全球庆典