10.8 Ethereum Market Outlook
After a round of declines, bearish momentum has gradually run its course, and the price is starting to consolidate and build a base in the lower range.
Don't rush to short after a sharp drop. The market is digesting its earlier losses and consolidating to build momentum. The next move could be a rebound!
Suggested trade
Go long at 2550–2530
Stop-loss: 2500
Target: 2600–2630 #ETH
After a round of declines, bearish momentum has gradually run its course, and the price is starting to consolidate and build a base in the lower range.
Don't rush to short after a sharp drop. The market is digesting its earlier losses and consolidating to build momentum. The next move could be a rebound!
Suggested trade
Go long at 2550–2530
Stop-loss: 2500
Target: 2600–2630 #ETH