$ETH ETH's daily chart has weakened, and the 4H downtrend remains intact. However, the 1H chart has started a short-term recovery, so don't blindly chase shorts near 2570 today. Treat today's rebound as a technical correction within the downtrend, not a trend reversal.
The outlook remains bearish over the next 1–2 weeks. Chasing shorts at 2570 right now isn't ideal. Here's the plan for upcoming trades:
ETH: Sell short on a rebound to 2620–2640, with a stop-loss at 2660 and take-profit targets at 2550–2530.
2530 is the key level separating bulls and bears today. If it breaks below 2530, 2500 and even 2450 could come into play.
Follow me for ongoing updates!!!! #美联储纪要聚焦10月暂停加息