$ETH Tonight’s two scenarios 📜
Here’s the translation: ETH is stuck in the middle at 2496. If it holds above 2400, watch for 2540; if it fails to hold, watch for 2300.
Scenario 1: 2400 stabilizes and holds. Next target: 2540. You can hold your position.
Scenario 2: A high-volume break below 2400. Don’t try to catch a falling knife—wait and reassess at 2300.
Scenario 1 is more likely: it bounced from a low of 2404, and the hourly chart has consistently held above 2480.
Upside: 2540 is only 2% away; a breakout would open up new possibilities.
Downside: 2540 is the 48-hour high, and the last two attempts to break through were pushed back.
For reference only; this is not investment advice.
Here’s the translation: ETH is stuck in the middle at 2496. If it holds above 2400, watch for 2540; if it fails to hold, watch for 2300.
Scenario 1: 2400 stabilizes and holds. Next target: 2540. You can hold your position.
Scenario 2: A high-volume break below 2400. Don’t try to catch a falling knife—wait and reassess at 2300.
Scenario 1 is more likely: it bounced from a low of 2404, and the hourly chart has consistently held above 2480.
Upside: 2540 is only 2% away; a breakout would open up new possibilities.
Downside: 2540 is the 48-hour high, and the last two attempts to break through were pushed back.
For reference only; this is not investment advice.