$ETH
ETH is currently like sliding down a “downhill slide”—bear power is completely overpowering.
From 2533, it kept wobbling and moving down. It even printed a big bearish candle that directly smashed down to around 2463, which shows that right now the bears are still in control, with absolutely no sign of a turnaround.
First, look at the area around 2490—this used to be a platform when price fell down to it before, but now it has turned into a ceiling. If any rebound can’t break through, there’s a high chance price will keep dropping.
Next, look at the newly made low at 2463. If it can’t even hold this level, chances are it will continue to break down and probe lower.
So you must see a strong big bullish candle pulling price back—then you can say there are signs that the downtrend is easing.
Want to pinpoint your buy entry precisely?
Join the chat room—I'll take you along for this catch-up rally. If you’re late, you’ll only have regrets!阿浪的聊天室
#ETH走势分析 #美联储加息概率升至89%
ETH is currently like sliding down a “downhill slide”—bear power is completely overpowering.
From 2533, it kept wobbling and moving down. It even printed a big bearish candle that directly smashed down to around 2463, which shows that right now the bears are still in control, with absolutely no sign of a turnaround.
First, look at the area around 2490—this used to be a platform when price fell down to it before, but now it has turned into a ceiling. If any rebound can’t break through, there’s a high chance price will keep dropping.
Next, look at the newly made low at 2463. If it can’t even hold this level, chances are it will continue to break down and probe lower.
So you must see a strong big bullish candle pulling price back—then you can say there are signs that the downtrend is easing.
Want to pinpoint your buy entry precisely?
Join the chat room—I'll take you along for this catch-up rally. If you’re late, you’ll only have regrets!阿浪的聊天室
#ETH走势分析 #美联储加息概率升至89%
