$ETH Can we still go long from here？？？
This downward pin insert is not a trend reversal. Instead, the market is repeatedly confirming the strength of the bottom support while liquidating high-leverage long positions above, reducing the pressure on any subsequent upward move.
Based on the current liquidation situation, both bulls and bears are still locked in a fierce battle. Short-term fluctuations may continue. Next, the key thing to watch is the crucial support level at 2450.
As long as 2450 does not show an effective breakdown, the overall long structure of ETH remains intact. If the price pulls back toward the support area, you can continue looking for long opportunities.
During a market upswing, a shakeout is a necessary phase. Don’t change direction easily just because of a single pin. Brother Bin will keep an eye on ETH’s developments afterward!
$ZEC #比特币受阻于81000美元50周均线
This downward pin insert is not a trend reversal. Instead, the market is repeatedly confirming the strength of the bottom support while liquidating high-leverage long positions above, reducing the pressure on any subsequent upward move.
Based on the current liquidation situation, both bulls and bears are still locked in a fierce battle. Short-term fluctuations may continue. Next, the key thing to watch is the crucial support level at 2450.
As long as 2450 does not show an effective breakdown, the overall long structure of ETH remains intact. If the price pulls back toward the support area, you can continue looking for long opportunities.
During a market upswing, a shakeout is a necessary phase. Don’t change direction easily just because of a single pin. Brother Bin will keep an eye on ETH’s developments afterward!
$ZEC #比特币受阻于81000美元50周均线
