Biao Nakamoto 10.1 2-Bing Silk Road $ETH
The current price of 2-Bing is 2706. During the day, it sharply dropped from around 2720 to 2672, exactly hitting short-term support and then stabilizing. In the evening, it followed Bitcoin’s V-shaped reversal and reclaimed the 2700 level. The MACD forms an upward golden cross, and the “duotou” is starting to gain momentum.
2698-2705 is the key support zone right now. For trading: on a pullback to around 2698-2705, add a light position to go long; set a stop-loss at 2685. The first target is 2715-2720. If there is a breakout above 2720 on increased volume, then look for 2735 next.
Today’s pullback is a consolidation/repair after an uptrend—not a trend reversal. As long as 2672 is not broken, the “duotou” structure is still intact, and pullbacks are opportunities. #ETH🔥🔥🔥🔥🔥🔥
The current price of 2-Bing is 2706. During the day, it sharply dropped from around 2720 to 2672, exactly hitting short-term support and then stabilizing. In the evening, it followed Bitcoin’s V-shaped reversal and reclaimed the 2700 level. The MACD forms an upward golden cross, and the “duotou” is starting to gain momentum.
2698-2705 is the key support zone right now. For trading: on a pullback to around 2698-2705, add a light position to go long; set a stop-loss at 2685. The first target is 2715-2720. If there is a breakout above 2720 on increased volume, then look for 2735 next.
Today’s pullback is a consolidation/repair after an uptrend—not a trend reversal. As long as 2672 is not broken, the “duotou” structure is still intact, and pullbacks are opportunities. #ETH🔥🔥🔥🔥🔥🔥
