#ETH巨鲸增持 Ethereum's recent trend is quite interesting, as it has finally broken out of the previous frustrating oscillation range, and it's almost touching the psychological threshold of 3000. The rebound strength is indeed good, but whether it can tackle the hurdle at 3100 still remains to be seen.
From a technical perspective, 2790 is a solid support level, and the resistance at 3100 should be closely monitored. In terms of operations, here's a suggestion: if 3000 can hold, consider entering a light long position to test it, with the first target at 3100. If it successfully breaks through this level, we can look forward to around 3157. Of course, it's safer to set a protective stop loss at 2930.
Conversely, if it fails to break 3100 and turns down, then take a light short position, watching the 2882 line, with a stop loss still placed above 3100. The position of $ETH is quite critical, as the bull-bear watershed is within these few days. Keep an eye on the mood of $BTC at all times.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ETH巨鲸增持 Ethereum's recent trend is quite interesting, as it has finally broken out of the previous frustrating oscillation range, and it's almost touching the psychological threshold of 3000. The rebound strength is indeed good, but whether it can tackle the hurdle at 3100 still remains to be seen.
From a technical perspective, 2790 is a solid support level, and the resistance at 3100 should be closely monitored. In terms of operations, here's a suggestion: if 3000 can hold, consider entering a light long position to test it, with the first target at 3100. If it successfully breaks through this level, we can look forward to around 3157. Of course, it's safer to set a protective stop loss at 2930.
Conversely, if it fails to break 3100 and turns down, then take a light short position, watching the 2882 line, with a stop loss still placed above 3100. The position of $ETH is quite critical, as the bull-bear watershed is within these few days. Keep an eye on the mood of $BTC at all times.