$ETH Market update!
After the market opened last night, prices kept climbing, reaching a high of 2470 before the rally failed. Without major buyers stepping in to support the market, it’s unlikely to break straight through 2500. The current price is 2450. These two guys are new here too, so Steel Bro is giving them a welcome gift!
Looking at the finer details, this rebound isn’t just a random jump. After finding a bottom at 2327, the bulls have been steadily pushing higher. However, the 2477–2485 range above is a major supply zone from earlier trading. Yesterday, the price clearly met resistance at 2477, and is now consolidating near the highs.
ETF funds had been flowing out for a while, but the market has largely priced in the negative news. After Bitcoin stabilized, Ethereum, as a higher-volatility asset, naturally rebounded more strongly. Still, it’s down nearly 6% over the past 30 days, and the broader trend remains in a choppy recovery.
Market conditions won’t stop you from making money, but they won’t make decisions for you either. Updates on the plaza are too delayed; Steel Bro will share detailed trade plans in Steel Fortress. Keep an eye out! #股票财报季 #六家区块链机构吁SEC定义数字商品
After the market opened last night, prices kept climbing, reaching a high of 2470 before the rally failed. Without major buyers stepping in to support the market, it’s unlikely to break straight through 2500. The current price is 2450. These two guys are new here too, so Steel Bro is giving them a welcome gift!
Looking at the finer details, this rebound isn’t just a random jump. After finding a bottom at 2327, the bulls have been steadily pushing higher. However, the 2477–2485 range above is a major supply zone from earlier trading. Yesterday, the price clearly met resistance at 2477, and is now consolidating near the highs.
ETF funds had been flowing out for a while, but the market has largely priced in the negative news. After Bitcoin stabilized, Ethereum, as a higher-volatility asset, naturally rebounded more strongly. Still, it’s down nearly 6% over the past 30 days, and the broader trend remains in a choppy recovery.
Market conditions won’t stop you from making money, but they won’t make decisions for you either. Updates on the plaza are too delayed; Steel Bro will share detailed trade plans in Steel Fortress. Keep an eye out! #股票财报季 #六家区块链机构吁SEC定义数字商品