$ETH Weekend bulls are losing steam; the preferred strategy is to short rallies.
ETH is weaker than BTC and has been in a sustained correction for 7 days. Treasury yields are weighing on prices, and spot ETH ETFs continue to see outflows. ETH is following the broader market, with greater volatility.
On the 4-hour chart, the rebound is facing resistance. The recovery is weak and lacks volume, with a risk of a second pullback.
Resistance: 2470~2490, 2540. Support: 2390; if that breaks, watch 2330.
ETH lacks independent upside momentum; its price action depends on BTC and expectations for U.S. Treasuries.
👉 Risk management plan for shorting in the resistance zone: 点击进入聊天室 for details
@墩姐暴力带单 #比特币短期持有者持仓升至408万枚
ETH is weaker than BTC and has been in a sustained correction for 7 days. Treasury yields are weighing on prices, and spot ETH ETFs continue to see outflows. ETH is following the broader market, with greater volatility.
On the 4-hour chart, the rebound is facing resistance. The recovery is weak and lacks volume, with a risk of a second pullback.
Resistance: 2470~2490, 2540. Support: 2390; if that breaks, watch 2330.
ETH lacks independent upside momentum; its price action depends on BTC and expectations for U.S. Treasuries.
👉 Risk management plan for shorting in the resistance zone: 点击进入聊天室 for details
@墩姐暴力带单 #比特币短期持有者持仓升至408万枚