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Monday Morning ETH Market Analysis
From a technical perspective, the previous triangle consolidation lower support has been effectively broken, and after multiple tests, the bearish selling pressure continues to be released. This is not a sign of weakening downward momentum, but rather bears gathering strength for a new round of decline. Currently, it is under significant resistance, and a rebound is the best opportunity for short entries. The weak, downward-sloping pattern will likely continue, and the bearish trend will persist.
Trading Suggestions
ETH: Rebound to the 2210-2230 range to establish short positions, targeting 2180-2120-2040#Gate上线Pre-IPOs