Ethereum opened the session with a strong surge, showing a relatively aggressive upward movement. The price briefly pushed up to around 2270 but faced obvious resistance above, then quickly pulled back.


This round of rally was mainly driven by unexpected news such as the easing of US-Iran tensions, rather than steady technical progress, so caution is still advised regarding its sustainability.
From the four-hour timeframe, the battle between bulls and bears remains intense. Although the short-term bulls have a slight advantage, there has been no effective breakout, and selling pressure at high levels is strong.
In terms of trading strategy, it is not recommended to chase the high blindly. The current position is more suitable for looking for shorting opportunities in the high-pressure zone. Intraday, consider gradually building short positions in the 2250-2270 range, with targets below around 2190-2150.
$ETH
#Gate广场四月发帖挑战
ETH7,54%
View Original
post-image
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.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
Web3Tianluvip
· 9h ago
Connect together 4642
View OriginalReply0
Web3Tianluvip
· 9h ago
Penguin Baby
167747
View OriginalReply0
  • Pin