Ether got scooped up again at 2362, and the bears came up biting at air.
24h: -1.29%, current price: 2381.8. That early-morning plunge headed straight for the 2362 low, then bounced as soon as it touched it—showing that buyers are taking this support level seriously.
The 24h high at 2412 is the first ceiling overhead, with layer upon layer of selling pressure above 2400.
To me, this is a standoff between bulls and bears: hold 2362, and the market still has the strength to test 2412; break below 2362, and the next real support is at 2335. Any further drop would start to look worrying.
The invalidation levels are clear: only a reclaim of 2412 would mean the bears have backed down; if price breaks below 2362 and fails to get back above it, watch out for 2335.
Do you think 2362 will hold this time, or are the bears gearing up to punch straight through it?
$ETH $BTC
#以太坊 #Market Outlook
24h: -1.29%, current price: 2381.8. That early-morning plunge headed straight for the 2362 low, then bounced as soon as it touched it—showing that buyers are taking this support level seriously.
The 24h high at 2412 is the first ceiling overhead, with layer upon layer of selling pressure above 2400.
To me, this is a standoff between bulls and bears: hold 2362, and the market still has the strength to test 2412; break below 2362, and the next real support is at 2335. Any further drop would start to look worrying.
The invalidation levels are clear: only a reclaim of 2412 would mean the bears have backed down; if price breaks below 2362 and fails to get back above it, watch out for 2335.
Do you think 2362 will hold this time, or are the bears gearing up to punch straight through it?
$ETH $BTC
#以太坊 #Market Outlook