Current price #ETH is approximately $2474, and the short-term outlook remains weak. After previously rallying to around $2600, it has continued to pull back, indicating that there is considerable sell pressure around the $2600 level. The current price is just holding near the 50-week moving average at around $2470; if this level is broken, the short-term could continue to decline.
To see $3000, ETH first needs to reclaim $2550 and then further break through the resistance around $2800. In particular, if the weekly candle closes above $2546, bullish confidence in the market would be significantly boosted, making $3000 more likely to become the next target.
On the other hand, if ETH continues to weaken, first pay attention to support around $2386. After a breakdown, it could further retest $2180. If $2180 also cannot hold, then further downside levels to watch include $1965 and even $1713. #美联储加息概率升至89%
To see $3000, ETH first needs to reclaim $2550 and then further break through the resistance around $2800. In particular, if the weekly candle closes above $2546, bullish confidence in the market would be significantly boosted, making $3000 more likely to become the next target.
On the other hand, if ETH continues to weaken, first pay attention to support around $2386. After a breakdown, it could further retest $2180. If $2180 also cannot hold, then further downside levels to watch include $1965 and even $1713. #美联储加息概率升至89%
