11.11 ETH Silk Road
$ETH
【Market Analysis】
The asset surged to a period high of 2449.95 before coming under pressure and topping out. A long bearish candle broke through the Bollinger midline, completing a direct shift from bullish to bearish structure. The Bollinger Bands opened downward in tandem, and the price continued to decline along the lower band, hitting a low of 2003.57. MACD is below the zero line, with bearish momentum fully unleashed. The current move is merely a slight rebound after a deep decline, a continuation pattern within the downtrend. There is no trend reversal signal on the chart for now, and the bearish structure remains dominant.
Key levels: strong support at the previous low of 2003.57, first resistance at 2110, and second strong resistance at 2200.
#美国10月CPI全面超预期
【Bullish Plan (for ultra-short-term rebound speculation only, with a light position)】
✅Aggressive: Test a short-term long on a pullback to the 2020–2030 range
Take profit: 2070 → 2100
Stop loss: 1990 (if the previous low breaks, the decline will continue; abandon the long position)
✅Conservative: Consider entering a long only after the price holds above 2110 and the Bollinger midline, with a confirmed bottoming-and-reversal structure; do not buy the dip early.
$ETH
【Market Analysis】
The asset surged to a period high of 2449.95 before coming under pressure and topping out. A long bearish candle broke through the Bollinger midline, completing a direct shift from bullish to bearish structure. The Bollinger Bands opened downward in tandem, and the price continued to decline along the lower band, hitting a low of 2003.57. MACD is below the zero line, with bearish momentum fully unleashed. The current move is merely a slight rebound after a deep decline, a continuation pattern within the downtrend. There is no trend reversal signal on the chart for now, and the bearish structure remains dominant.
Key levels: strong support at the previous low of 2003.57, first resistance at 2110, and second strong resistance at 2200.
#美国10月CPI全面超预期
【Bullish Plan (for ultra-short-term rebound speculation only, with a light position)】
✅Aggressive: Test a short-term long on a pullback to the 2020–2030 range
Take profit: 2070 → 2100
Stop loss: 1990 (if the previous low breaks, the decline will continue; abandon the long position)
✅Conservative: Consider entering a long only after the price holds above 2110 and the Bollinger midline, with a confirmed bottoming-and-reversal structure; do not buy the dip early.
