On the 4-hour level of ETH short-term trading, the market shows a characteristic of frequent alternating between bullish and bearish candlesticks. During the rebound process, it has repeatedly encountered selling pressure and retreated, while the downtrend has also been accompanied by resistance rebounds, indicating that both bulls and bears are fiercely competing in the current area. Although the overall volatility is temporarily limited, the bearish forces still hold a relative advantage in this contest, and the market's focus is showing a slow downward trend.
It is recommended to short around 2800 and 2840, with the initial target at 2720, and if it breaks, look down to 2620. #成长值抽奖赢iPhone17和周边
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ETH morning thoughts
On the 4-hour level of ETH short-term trading, the market shows a characteristic of frequent alternating between bullish and bearish candlesticks. During the rebound process, it has repeatedly encountered selling pressure and retreated, while the downtrend has also been accompanied by resistance rebounds, indicating that both bulls and bears are fiercely competing in the current area. Although the overall volatility is temporarily limited, the bearish forces still hold a relative advantage in this contest, and the market's focus is showing a slow downward trend.
It is recommended to short around 2800 and 2840, with the initial target at 2720, and if it breaks, look down to 2620. #成长值抽奖赢iPhone17和周边