Fallen from 3272, bottomed out at 2870 and started to rebound, but the rebound reached 2959 and got stuck. To be honest, this rebound is just a technical correction, not strong enough. Both MA144 and MA169 moving averages are pressing from above, and their slopes are still turning upward, so the bulls are unable to push down.
Carefully observe the rebound candlestick, the body is small, and the trading volume is average, indicating no sustained bullish momentum. The 2870 level is just a short-term bottom-fishing rebound, where is the real support? The selling pressure above 3000 is too dense, and no large funds are willing to step in and take over. The market sentiment remains very bearish.
Short-term strategy: Short at the 3000 to 3050 range, with the first target at 2900, and if broken further, look at 2850. $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#美国证券交易委员会推进数字资产监管框架创新 $ETH Evening Market Analysis
Fallen from 3272, bottomed out at 2870 and started to rebound, but the rebound reached 2959 and got stuck. To be honest, this rebound is just a technical correction, not strong enough. Both MA144 and MA169 moving averages are pressing from above, and their slopes are still turning upward, so the bulls are unable to push down.
Carefully observe the rebound candlestick, the body is small, and the trading volume is average, indicating no sustained bullish momentum. The 2870 level is just a short-term bottom-fishing rebound, where is the real support? The selling pressure above 3000 is too dense, and no large funds are willing to step in and take over. The market sentiment remains very bearish.
Short-term strategy: Short at the 3000 to 3050 range, with the first target at 2900, and if broken further, look at 2850. $BTC $ETH
#以太坊行情 # Crypto Trading