$ETH Evening Ethereum long setup!!!
Brothers, looking at the current market, Ethereum has been slowly climbing from its low of 2405, reaching a high of 2519. But the rally didn’t last long: after the US stock market opened, Ethereum fell back below 2500 and is now near 2485. It failed to hold its gains after the push higher, which shows that selling pressure remains overhead. According to the latest information, ETH reserves have fallen from 3.57 million to 3.47 million over the past three days, a six-month low. Meanwhile, daily withdrawal transactions have exceeded 320,000, setting a new record. Falling exchange reserves also mean there is less ETH immediately available to trade. On-chain data shows that funds are still flowing into Ethereum. The key level to watch next is 2480: if it holds, the rebound structure may have room to continue. If Ethereum regains and holds above 2500, the bulls may be able to open up further upside.$US
Personal suggestion: Go long at the current price of 2490 and wait to see how the market develops.$ZEC
Messages on the public feed may be delayed. I’ve posted my specific trading plan in the chat room. You’re welcome to join!!!
#ReusedBitcoinAddressesHold4.33MBTC #BitcoinDipsBelow$81K
Brothers, looking at the current market, Ethereum has been slowly climbing from its low of 2405, reaching a high of 2519. But the rally didn’t last long: after the US stock market opened, Ethereum fell back below 2500 and is now near 2485. It failed to hold its gains after the push higher, which shows that selling pressure remains overhead. According to the latest information, ETH reserves have fallen from 3.57 million to 3.47 million over the past three days, a six-month low. Meanwhile, daily withdrawal transactions have exceeded 320,000, setting a new record. Falling exchange reserves also mean there is less ETH immediately available to trade. On-chain data shows that funds are still flowing into Ethereum. The key level to watch next is 2480: if it holds, the rebound structure may have room to continue. If Ethereum regains and holds above 2500, the bulls may be able to open up further upside.$US
Personal suggestion: Go long at the current price of 2490 and wait to see how the market develops.$ZEC
Messages on the public feed may be delayed. I’ve posted my specific trading plan in the chat room. You’re welcome to join!!!
#ReusedBitcoinAddressesHold4.33MBTC #BitcoinDipsBelow$81K