After the early market fell back to around 86,000 from around 88,100, it rebounded to around 88,000, overall maintaining a range-bound fluctuation.
In the early session, ETH fell back to around 2,760 from around 2,840, then rebounded to fluctuate around 2,865.
From the current four-hour structure, the market shows increased momentum. Watch for resistance near 88,500 above, with support near the 86,000 line, and secondary support near 85,200. On the hourly level, trading volume is shrinking and the curve is gradually moving upward.
Midday Market Strategy:
If the market pulls back to around 87,100-86,800, consider going long, targeting the 88,300-88,600 range.
If the market pulls back to around 2,840-2,820, consider going long, targeting the 2,885-2,905 range.
Every day that you don't dance is a day you betray your life. Instead of worrying about the future, focus on working hard.
View Original
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.
11.24 Monday Midday Market Update:
After the early market fell back to around 86,000 from around 88,100, it rebounded to around 88,000, overall maintaining a range-bound fluctuation.
In the early session, ETH fell back to around 2,760 from around 2,840, then rebounded to fluctuate around 2,865.
From the current four-hour structure, the market shows increased momentum. Watch for resistance near 88,500 above, with support near the 86,000 line, and secondary support near 85,200. On the hourly level, trading volume is shrinking and the curve is gradually moving upward.
Midday Market Strategy:
If the market pulls back to around 87,100-86,800, consider going long, targeting the 88,300-88,600 range.
If the market pulls back to around 2,840-2,820, consider going long, targeting the 2,885-2,905 range.
Every day that you don't dance is a day you betray your life. Instead of worrying about the future, focus on working hard.