$ETH
ETH has just experienced a small rebound. The price rose from around 2388 to 2411, and has now pulled back slightly to 2403.
But don’t get too excited yet—the overhead resistance is still very strong. The purple MA99 moving average (around 2445), like a large lid, is pressing down on price. It’s difficult for the market to break through directly in the short term. Also, the MA7 and MA25 moving averages below are almost overlapping, which indicates that buyers and sellers are still in a standoff and the direction hasn’t been fully determined.
Overall, we’re in a tangled period of choppy consolidation where “it can’t fall anymore, but it also can’t rise much.” Until price manages to stand above 2411, be careful—there could be another pullback at any time.
Want to pinpoint the exact buy level?
Join the chat room and I’ll guide you to ride along with this catch-up rally
#以太坊跌破2400美元
#USDC链上交易量突破100万亿美元
ETH has just experienced a small rebound. The price rose from around 2388 to 2411, and has now pulled back slightly to 2403.
But don’t get too excited yet—the overhead resistance is still very strong. The purple MA99 moving average (around 2445), like a large lid, is pressing down on price. It’s difficult for the market to break through directly in the short term. Also, the MA7 and MA25 moving averages below are almost overlapping, which indicates that buyers and sellers are still in a standoff and the direction hasn’t been fully determined.
Overall, we’re in a tangled period of choppy consolidation where “it can’t fall anymore, but it also can’t rise much.” Until price manages to stand above 2411, be careful—there could be another pullback at any time.
Want to pinpoint the exact buy level?
Join the chat room and I’ll guide you to ride along with this catch-up rally
#以太坊跌破2400美元
#USDC链上交易量突破100万亿美元
