Ethereum, after surging higher, quickly pulls back; each previous rally was accompanied by a retracement. This morning, it rebounded above 2200 but then fell back down. In the short-term rhythm, although the bulls still hold some advantage, the conditions for a one-sided upward move are not present. Therefore, do not blindly chase longs at this moment. On the 4-hour chart, resistance above is clearly visible. Before any breakout, wait for a pullback. Consider short positions above 2200, with targets around the 2130-2080 zone.$BTC

BTC1,73%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin