$ETH This rectangle’s upper boundary has already been unable to break through several times in a row. Every time it reaches the top, it gets knocked back down, which shows that the selling pressure here is really strong.
So in the short term, the chance of going straight into a bullish continuation is getting smaller and smaller. I also took a short position near the upper boundary.
Next, we’ll mainly watch the support below. If the support can’t hold and gets broken directly, then this move will most likely continue downward. First, look around 2250.
So in the short term, the chance of going straight into a bullish continuation is getting smaller and smaller. I also took a short position near the upper boundary.
Next, we’ll mainly watch the support below. If the support can’t hold and gets broken directly, then this move will most likely continue downward. First, look around 2250.
