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April 14 Morning Bitcoin Reference
Ethereum started rebounding near 2170 yesterday, with a strong upward trend, but ultimately failed to break through the previous high, closing below 2400.
Currently, this price level is already a previous resistance zone, so be cautious of the main force intentionally inducing long positions and doing false breakouts to shake out traders.
On the surface, the short-term upward momentum looks very strong, but short-term indicators are already overbought.
At this point, do not chase the high.
After the market surges, it is highly likely to pull back and adjust.
Short-term trading advice: mainly short at high levels on rallies.
Trading suggestion: short around 2400
Target: 2350/2300$ETH #Gate广场四月发帖挑战