The big pancake has already broken down, so Ethereum is holding steady?!
$ETH is currently stuck around 1880. The lower rising trendline is temporarily holding it up, but 1895—1900 is firmly capping it, so the price gets trapped in between, wasting time and energy back and forth.
#伯克希尔增持达美和Alphabet
On the surface, it looks like every pullback has support, but in reality, it’s becoming harder and harder to lift the rebound highs. The broader market continues to weaken, and Ethereum’s trendline likely can’t keep standing alone and staying unaffected for long.
Next, 1870—1860 is the line the bulls must defend. If this area’s body breaks down, the prior consolidation will turn into a continuation of the decline.
First look for 1850 below, then around 1830. If you truly want to get into longs, you also need to wait to see the selling pressure dissipate first, and then observe whether support can hold.
If it can’t reclaim 1895, any small rebound can only be treated as a repair/technical correction first. Don’t take a single needle-like wick as proof that you’ve already bottomed—$BTC #交易员下调2027年中前美联储加息押注
$ETH is currently stuck around 1880. The lower rising trendline is temporarily holding it up, but 1895—1900 is firmly capping it, so the price gets trapped in between, wasting time and energy back and forth.
#伯克希尔增持达美和Alphabet
On the surface, it looks like every pullback has support, but in reality, it’s becoming harder and harder to lift the rebound highs. The broader market continues to weaken, and Ethereum’s trendline likely can’t keep standing alone and staying unaffected for long.
Next, 1870—1860 is the line the bulls must defend. If this area’s body breaks down, the prior consolidation will turn into a continuation of the decline.
First look for 1850 below, then around 1830. If you truly want to get into longs, you also need to wait to see the selling pressure dissipate first, and then observe whether support can hold.
If it can’t reclaim 1895, any small rebound can only be treated as a repair/technical correction first. Don’t take a single needle-like wick as proof that you’ve already bottomed—$BTC #交易员下调2027年中前美联储加息押注