10.10 ETH $ETH
Following Bitcoin, it staged an oversold rebound, climbing from a low of 2469 to 2519. The rebound was limited, and overall it is still moving within a downtrend channel. The Bollinger Bands continue to slope downward, with no change in the weak market structure. It is now consolidating around 2494, and upward momentum is clearly insufficient.
If the rebound reaches the 2510–2520 range, enter a short position directly. This is a key area where previous support has turned into resistance, and it also coincides with resistance at the Bollinger middle band, so the price is likely to meet resistance and pull back. Set the stop-loss above 2540. For take-profit targets, first look at 2460–2450; if the previous low breaks, the price could continue moving lower. #Tether冻结Ledger盗窃案相关USDT
Following Bitcoin, it staged an oversold rebound, climbing from a low of 2469 to 2519. The rebound was limited, and overall it is still moving within a downtrend channel. The Bollinger Bands continue to slope downward, with no change in the weak market structure. It is now consolidating around 2494, and upward momentum is clearly insufficient.
If the rebound reaches the 2510–2520 range, enter a short position directly. This is a key area where previous support has turned into resistance, and it also coincides with resistance at the Bollinger middle band, so the price is likely to meet resistance and pull back. Set the stop-loss above 2540. For take-profit targets, first look at 2460–2450; if the previous low breaks, the price could continue moving lower. #Tether冻结Ledger盗窃案相关USDT