Weekend market movements are likely to be range-bound, with reduced trading volume. Yesterday's price oscillated around 2100, pulled back to around 2060, then started a slight rebound. This morning's volume is even lower than yesterday... However, typically in the afternoon, some institutions will make predictions about next week's market trends, and the market will begin to move...
Currently, the market still hasn't broken out of the oscillation range. The short-term support below is at 2000. If the oscillation fails to break through downward, the probability of a market rebound increases. The short-term resistance above is at 2200. If it breaks through and holds steady, there will be additional room above... The trading strategy remains to look for pullback positions to go long...
Today's Trading Recommendation: Focus on buying on dips
ETH First Support Level: 2060 Second Support Level: 2020 First Resistance Level: 2140 Second Resistance Level: 2200
Reminder: Personal suggestions are for reference only and do not constitute the basis for buy/sell decisions. Trading carries risk. Always use stop losses when opening positions.
March 15 Market Analysis
Weekend market movements are likely to be range-bound, with reduced trading volume. Yesterday's price oscillated around 2100, pulled back to around 2060, then started a slight rebound. This morning's volume is even lower than yesterday... However, typically in the afternoon, some institutions will make predictions about next week's market trends, and the market will begin to move...
Currently, the market still hasn't broken out of the oscillation range. The short-term support below is at 2000. If the oscillation fails to break through downward, the probability of a market rebound increases. The short-term resistance above is at 2200. If it breaks through and holds steady, there will be additional room above... The trading strategy remains to look for pullback positions to go long...
Today's Trading Recommendation: Focus on buying on dips
ETH First Support Level: 2060 Second Support Level: 2020
First Resistance Level: 2140 Second Resistance Level: 2200
Reminder: Personal suggestions are for reference only and do not constitute the basis for buy/sell decisions. Trading carries risk. Always use stop losses when opening positions.