I reviewed the plunge during the morning session, and it essentially stemmed from a concentrated sell-off of short-term profit-taking. Now, the hourly K-line has clearly stabilized, and the 2800 level is the strongest resistance on the daily chart - in other words, this is the phase bottom.
From the perspective of chip distribution, the panic selling has basically cleared out. Next, we will see if the opening of the US stock market tonight can bring in incremental funds. My personal judgment is that there is a chance to push near 3000. If you were caught chasing high before, now is a thought to average down your cost at this position; if you are still on the sidelines, this wave of stabilization and rebound may be the point to get in.
$SOL synchronously follow, the correlation is very strong.
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#ETH走势分析 💥$ETH and $BTC this pullback is actually an opportunity.
I reviewed the plunge during the morning session, and it essentially stemmed from a concentrated sell-off of short-term profit-taking. Now, the hourly K-line has clearly stabilized, and the 2800 level is the strongest resistance on the daily chart - in other words, this is the phase bottom.
From the perspective of chip distribution, the panic selling has basically cleared out. Next, we will see if the opening of the US stock market tonight can bring in incremental funds. My personal judgment is that there is a chance to push near 3000. If you were caught chasing high before, now is a thought to average down your cost at this position; if you are still on the sidelines, this wave of stabilization and rebound may be the point to get in.
$SOL synchronously follow, the correlation is very strong.