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April 8th Double Coin Market Analysis
Currently at a high of 2239.42, with a 24-hour increase of 6.68%.
After reaching a peak of 2273.00 during the day, it pulled back, with a low of 2058.01. It is now in a high-level consolidation and correction phase.
This round of Double Coin rapidly surged from 2058.01 to 2273.00, with a 24-hour increase of over 6.68%. The core reason is a corrective rebound after previous overselling, not the start of a new bull market wave. This is the fundamental premise for all operations.
For short positions, consider shorting on a rebound to the 2260-2270 range, with a light position. Set the stop-loss at 2280 (breakthrough resistance), and target profits at 2200-2210. $ETH