$ETH is stuck at the 2437 doorstep! Low-volume grind tests patience; bulls still need one last spark
Guys, after this ETH rebound, we've finally entered the phase that tests patience the most.
From 2327.53 all the way to 2437.48, the bulls worked hard to pull the price up, but now it's stuck moving sideways around 2428.
More interestingly, volume expanded noticeably during the earlier rally, but is now gradually drying up. This suggests that momentum-chasing buyers haven't consistently followed through, and the market is waiting for its next direction.
With ETF funds continuing to see net outflows recently, it's good that the price is holding steady, but we can't yet call it a reversal.
As for trading, don't rush to chase longs just because a breakout is only a few dollars away. Wait for a strong-volume hold above 2440 before looking for continuation; consider buying a pullback if it stabilizes around 2400. If you're sitting on profits, remember to protect them.
ETH is holding its breath right now: an upside breakout is an opportunity, but if support breaks, don't stubbornly hold on. Until the direction becomes clear, patience is worth more than impulsiveness.#比特币突破8.2万美元 #灰度联合Republic推出三只加密基金
Guys, after this ETH rebound, we've finally entered the phase that tests patience the most.
From 2327.53 all the way to 2437.48, the bulls worked hard to pull the price up, but now it's stuck moving sideways around 2428.
More interestingly, volume expanded noticeably during the earlier rally, but is now gradually drying up. This suggests that momentum-chasing buyers haven't consistently followed through, and the market is waiting for its next direction.
With ETF funds continuing to see net outflows recently, it's good that the price is holding steady, but we can't yet call it a reversal.
As for trading, don't rush to chase longs just because a breakout is only a few dollars away. Wait for a strong-volume hold above 2440 before looking for continuation; consider buying a pullback if it stabilizes around 2400. If you're sitting on profits, remember to protect them.
ETH is holding its breath right now: an upside breakout is an opportunity, but if support breaks, don't stubbornly hold on. Until the direction becomes clear, patience is worth more than impulsiveness.#比特币突破8.2万美元 #灰度联合Republic推出三只加密基金