The afternoon market has reached this point: ETH is around 0.994100, down 2.96% over 24h.
The intraday range is 0.984300 to 1.0437, with a trading volume of 116 million USDT. Neither bulls nor bears are making any major moves right now; both sides are waiting for a signal.
If volume picks up this afternoon and the price breaks above 1.0437, it would suggest the bulls still have some fight left. On the other hand, if the price retests 0.984300 and fails to hold, this rally may be coming to an end. For those trading futures, the biggest mistake right now would be going all-in on a directional bet—you could easily get taken out by a sudden move.
Are you sitting on the sidelines this afternoon, or planning a short-term trade?
#ETH #合约 #资金费率 #Market
The intraday range is 0.984300 to 1.0437, with a trading volume of 116 million USDT. Neither bulls nor bears are making any major moves right now; both sides are waiting for a signal.
If volume picks up this afternoon and the price breaks above 1.0437, it would suggest the bulls still have some fight left. On the other hand, if the price retests 0.984300 and fails to hold, this rally may be coming to an end. For those trading futures, the biggest mistake right now would be going all-in on a directional bet—you could easily get taken out by a sudden move.
Are you sitting on the sidelines this afternoon, or planning a short-term trade?
#ETH #合约 #资金费率 #Market