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Hua Zai Market Analysis:
Ethereum Market View | Consolidating sideways at high levels to build momentum, the bearish trend is clear
Today, Ethereum is trading in a narrow range of 2316—2326, moving sideways with choppy fluctuations. The bulls’ rebound lacks strength, and the overall pullback trend is clearly in place. Sideways consolidation at high levels is, in fact, a trap to lure in longs and build up bearish power.
Precise layout: Open a short decisively around 2320. First look for the 2250-2220 range as the target. Keep a strict stop-loss at 2370, and follow through—holding the short position steadily to capture the pullback move. #WCTC交易赛瓜分800万USDT #Gate3月透明度报告 #高盛申请比特币收益型ETF #美军封锁霍尔木兹海峡