ETH currently faces strong resistance at 2460–2480, with support below at 2400–2380. Keep a close eye on the liquidation map: a large number of long liquidations have clustered around 2447, and bulls and bears are battling it out at this level in the short term.
As for the indicators, RSI has reached oversold territory, and the MACD green bars are also shrinking. There are slight signs of a potential bottom, but the overall trend remains bearish.
Plan: Short a bounce to 2445–2455, with a stop-loss above 2485. First target 2400; if that level breaks, look to 2380. If 2400 holds and RSI shows bullish divergence, you can take a small position to catch a rebound, with a stop-loss at 2375 and a target of 2450.
More insights are shared in the livestream and strategy group #以太坊跌破2500美元
As for the indicators, RSI has reached oversold territory, and the MACD green bars are also shrinking. There are slight signs of a potential bottom, but the overall trend remains bearish.
Plan: Short a bounce to 2445–2455, with a stop-loss above 2485. First target 2400; if that level breaks, look to 2380. If 2400 holds and RSI shows bullish divergence, you can take a small position to catch a rebound, with a stop-loss at 2375 and a target of 2450.
More insights are shared in the livestream and strategy group #以太坊跌破2500美元