Ethereum has declined from its high on increased volume and is currently in a consolidation phase with contracted oscillations and friction at lower levels. Bulls and bears are in equilibrium, and no strong reversal K-line has appeared yet. Observational stance is preferred.
If it breaks through 208, follow the trend and look for 210-212. If it breaks 260, be vigilant and avoid catching the bottom too early. Set stop losses to avoid holding losing positions.
Ethereum has declined from its high on increased volume and is currently in a consolidation phase with contracted oscillations and friction at lower levels. Bulls and bears are in equilibrium, and no strong reversal K-line has appeared yet. Observational stance is preferred.
If it breaks through 208, follow the trend and look for 210-212.
If it breaks 260, be vigilant and avoid catching the bottom too early. Set stop losses to avoid holding losing positions.