2025-08-02 01:07:36

Is the Bear Market coming?

Ethereum has currently fallen to 3480, with a low point at 3431.
🎯 Short Selling Trading Strategy Suggestions

- Entry Zone: 3,480 – 3,515 Range

- Profit Target:

1. First target level 3,440 (close to recent low point level)

2. Second target level 3,400 (further probing support level)

- Risk Control: Set stop loss at 3,540 (if it breaks the 25-day moving average and stabilizes, be cautious of the failure of the bearish strategy)

📊 Market Trend Outlook

From a technical perspective, the price of ETH continues to exhibit the characteristics of a Bear Market, with "lower lows and lower highs". The moving averages are generally sloping downwards. If the closing price falls below the recent low of 3,430, it may trigger further accelerated declines; while the bulls must first reclaim the key resistance level of 3,520 to reverse the short-term weakness and regain market control. #ETH falls below 3600

ETH0,92%

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