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2.25 Cryptocurrency Expert: Ethereum (ETH)) Market Analysis
Referencing Ethereum's intraday low around 1795, the price rebounded. In the morning, it rose to around 1945 but faced resistance, and the overall trend has been hovering around 1860. In the short term, the trend remains weak and volatile, with a higher probability of breaking downward again. Therefore, our conservative approach is mainly to stay short.
Short-term support is at 1800; a break below this level is expected to lead to further downward testing. Short-term resistance is around 1930.
2.25 Ethereum short-term reference:
- Short sell in the 1930-1980 range, with a stop at 2180, targeting below 1900.
- Pay more attention to the 1810-1760 range, with a 50-point stop loss, and a target above 1880.
Note: The message sending may be delayed. The strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set take profit and stop loss orders to secure gains.