9.16$ETH Silk Road

#Market overview

The earlier high was 2448.10, and the low was 2357.00. After the big price break, it entered a sideways consolidation range, and the market is temporarily balanced. MACD forms a golden cross at the bottom; bullish momentum is slowly repairing, but sell pressure still remains overhead. Currently, it is in the bottom-building and consolidation stage after the big drop; an explicit trend has not yet emerged.

For overhead resistance, refer to around 2420. For support, refer to around 2360.

#以太坊跌破2400美元
Entry: When it pulls back into the 2360–2380 zone and stabilizes, go long.

Note: If 2330 breaks down, directly give up the Silk Road position.

First target: 2400. Reach it to halve and secure the profit.

Second target: 2435. After it holds above, keep part of the position to bet on the high point.

Ultimate target: Around 2490, to reach the full take-profit.

If it fails to hold after reaching 2400, you can still enter/hold nearby and look toward 2340 for the target.