From the trend of ETH, it is currently around 2828.51, in a short-term consolidation phase after a significant decline, with bearish momentum still relatively strong. There is initial support at 2800. The midday trading strategy is mainly bearish, with short positions on rebounds: if the price rebounds to the 2850-2860 range, consider shorting, with a stop loss set above 2880; $ETH
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ETH midday thoughts
From the trend of ETH, it is currently around 2828.51, in a short-term consolidation phase after a significant decline, with bearish momentum still relatively strong. There is initial support at 2800.
The midday trading strategy is mainly bearish, with short positions on rebounds: if the price rebounds to the 2850-2860 range, consider shorting, with a stop loss set above 2880; $ETH