ETH couldn't even reach 2390 on the rebound. It topped out at 2371 and turned back down.
Now it's back at 2350.
That wick down at 2282 still hasn't been fully cleared.
With a rebound this weak, it's probably mostly people trying to catch the bottom buying in. Another dip to retest the lows would be perfectly normal.
I'm leaning bearish: first, I'm watching for another dip to 2318. If a 4H candle closes above 2420, I'll admit I'm wrong.
Do you think 2318 will hold, or will we go straight to 2282?
$ETH #看跌 #ETH #以太坊合约
Now it's back at 2350.
That wick down at 2282 still hasn't been fully cleared.
With a rebound this weak, it's probably mostly people trying to catch the bottom buying in. Another dip to retest the lows would be perfectly normal.
I'm leaning bearish: first, I'm watching for another dip to 2318. If a 4H candle closes above 2420, I'll admit I'm wrong.
Do you think 2318 will hold, or will we go straight to 2282?
$ETH #看跌 #ETH #以太坊合约