Ethereum Trading Plan:
Pullback to 2440–2460 and enter long in batches; target 2550–2600; stop loss 2390!
ETH’s recent rebound momentum is strong. Spot ETH ETFs continue to see net inflows, providing support for the market structure. However, the daily chart is already in the overbought zone. In the 2550–2600 area, there is a large amount of sell order pressure, so attempts to push higher may quickly turn into a drop for a washout/pullback.
Without independent market conditions, BTC needs to hold steady for ETH to catch up on any rally. If BTC breaks down, the extent of ETH’s pullback will be deeper. Before the news is released, do not chase the current price—wait for the pullback to buy the dip.
$BTC $ETH #英伟达开盘140分钟成交335亿美元 #央行Q2购金289吨创纪录 #英伟达财报后涨8.74%
Pullback to 2440–2460 and enter long in batches; target 2550–2600; stop loss 2390!
ETH’s recent rebound momentum is strong. Spot ETH ETFs continue to see net inflows, providing support for the market structure. However, the daily chart is already in the overbought zone. In the 2550–2600 area, there is a large amount of sell order pressure, so attempts to push higher may quickly turn into a drop for a washout/pullback.
Without independent market conditions, BTC needs to hold steady for ETH to catch up on any rally. If BTC breaks down, the extent of ETH’s pullback will be deeper. Before the news is released, do not chase the current price—wait for the pullback to buy the dip.
$BTC $ETH #英伟达开盘140分钟成交335亿美元 #央行Q2购金289吨创纪录 #英伟达财报后涨8.74%
