#ETH Short-term trend: short positions dominate but oversold signals are obvious, with prices approaching key support below, caution is needed for a technical rebound. If the 2,264-2,183 area stabilizes effectively, a Light Position can be attempted to bet on a rebound, with a target of 2,724 resistance level.
Risk warning: If the rebound cannot recover 2,724 and the MACD double lines continue to diverge downwards, the downtrend may continue, probing 2,183 or even lower.
Position Control: In a volatile market, it is recommended to participate with a Light Position, set the stop loss below the support level (for example, stop loss if it falls below 2,264), and refer to the take profit.
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 Short-term trend: short positions dominate but oversold signals are obvious, with prices approaching key support below, caution is needed for a technical rebound. If the 2,264-2,183 area stabilizes effectively, a Light Position can be attempted to bet on a rebound, with a target of 2,724 resistance level.
Risk warning: If the rebound cannot recover 2,724 and the MACD double lines continue to diverge downwards, the downtrend may continue, probing 2,183 or even lower.
Position Control: In a volatile market, it is recommended to participate with a Light Position, set the stop loss below the support level (for example, stop loss if it falls below 2,264), and refer to the take profit.