$ETH is now at 2,482, 24h +1.47%.
The high and low during this period are 2,485 / 2,444, with trading volume of 337 million USDT.
2,444 is the support level to watch right now; if it breaks, there won’t be any obvious buying support below. On the upside, 2,485 is the resistance for this move, and until it breaks above it with volume, any rebound should be treated as just a rebound.
Liquidity is relatively thin at this time, so the price can be easily pushed around by small orders. Wicks and sudden fake moves are nothing unusual. If you’re going to trade, use limit orders instead of chasing the market, and don’t set your stop loss too tight.
First, reduce your position size.
#ETH #凌晨行情 #币圈 #Ethereum
The high and low during this period are 2,485 / 2,444, with trading volume of 337 million USDT.
2,444 is the support level to watch right now; if it breaks, there won’t be any obvious buying support below. On the upside, 2,485 is the resistance for this move, and until it breaks above it with volume, any rebound should be treated as just a rebound.
Liquidity is relatively thin at this time, so the price can be easily pushed around by small orders. Wicks and sudden fake moves are nothing unusual. If you’re going to trade, use limit orders instead of chasing the market, and don’t set your stop loss too tight.
First, reduce your position size.
#ETH #凌晨行情 #币圈 #Ethereum