10.9 Uncle Chen’s Ethereum Market Update
A sharp dip flushed out bearish pressure. After finding support at the lows, the market gradually recovered ✨. On the 15-minute chart, the moving averages turned upward after trending down, and a bottom pattern is gradually taking shape.
There’s no need to keep chasing shorts after a sharp drop. The market is consolidating and gathering strength—the rebound is officially underway!
Trade
Enter at 2470–2450
Stop at 2430
Target: 2530–2550 #eth
A sharp dip flushed out bearish pressure. After finding support at the lows, the market gradually recovered ✨. On the 15-minute chart, the moving averages turned upward after trending down, and a bottom pattern is gradually taking shape.
There’s no need to keep chasing shorts after a sharp drop. The market is consolidating and gathering strength—the rebound is officially underway!
Trade
Enter at 2470–2450
Stop at 2430
Target: 2530–2550 #eth