As the saying goes, "$ETH 3000 hold steady, the market is likely to continue upward!" 🔥
Now the price has reached near the 200-day moving average, and around 3200 is a strong short-term resistance level. 📉 It's not easy to break through in one go, A more reasonable and healthier trend would be— 👉 First a pullback that doesn't break down 👉 Pull back to the upper edge of the short-term downtrend line 👉 Then a 1:1 symmetrical upward structural rise That's the standard strong bullish pattern ✅ That's also why I keep emphasizing: ✅ I only do spot trading ✅ Defensive limit orders are possible ✅ But I won't easily go short or be bearish Because as long as the trend isn't broken, a pullback is a buying opportunity 🚀 Once the 200-day moving average is truly broken through, #ETH below 3000 will basically be a "historical price." The hesitation you have now might be the spot you'll regret missing later. 🫠
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
As the saying goes, "$ETH 3000 hold steady, the market is likely to continue upward!" 🔥
Now the price has reached near the 200-day moving average, and around 3200 is a strong short-term resistance level.
📉 It's not easy to break through in one go,
A more reasonable and healthier trend would be—
👉 First a pullback that doesn't break down
👉 Pull back to the upper edge of the short-term downtrend line
👉 Then a 1:1 symmetrical upward structural rise
That's the standard strong bullish pattern ✅
That's also why I keep emphasizing:
✅ I only do spot trading
✅ Defensive limit orders are possible
✅ But I won't easily go short or be bearish
Because as long as the trend isn't broken, a pullback is a buying opportunity 🚀
Once the 200-day moving average is truly broken through,
#ETH below 3000 will basically be a "historical price."
The hesitation you have now might be the spot you'll regret missing later. 🫠