$ETH Last night, it dipped to a low of 2472. With the market likely to move sideways over the weekend, will there be a bullish opportunity next week?
Recently, the Fed has been sending relatively 🦅-leaning signals, while spot ETFs have continued to see net outflows. This time, it looks more like a concentrated liquidation of positions, putting considerable corrective pressure on Ethereum.
However, after a sharp drop, the market doesn't necessarily have to keep falling. Liquidity is thinner over the weekend, so the next thing to watch is whether the area around 2420–2450 provides effective support.
Hao advises against shorting right now. First, watch whether support holds over the weekend, then assess the broader market direction next week. Be sure to manage position size and set stop-losses.
#以太坊清算额达3.56亿美元 #ETH走势分析
Recently, the Fed has been sending relatively 🦅-leaning signals, while spot ETFs have continued to see net outflows. This time, it looks more like a concentrated liquidation of positions, putting considerable corrective pressure on Ethereum.
However, after a sharp drop, the market doesn't necessarily have to keep falling. Liquidity is thinner over the weekend, so the next thing to watch is whether the area around 2420–2450 provides effective support.
Hao advises against shorting right now. First, watch whether support holds over the weekend, then assess the broader market direction next week. Be sure to manage position size and set stop-losses.
#以太坊清算额达3.56亿美元 #ETH走势分析