$ETH The rebound is so weak—it can't even break through 2350?
Ethereum's rebound has indeed been a bit feeble. It can't even break through the 2350 level, which shows that selling pressure overhead remains considerable and the bulls haven't yet regained the initiative.
If the price continues to struggle to move higher, the rebound may simply be a corrective bounce during the decline, so don't rush to call a trend reversal.
There are two key scenarios to watch:
If the rebound can't hold above 2350 and the price weakens again, be alert for another test of support below. For now, the focus is on shorting opportunities if the rebound stalls at resistance.
If the price later breaks above 2350 on strong volume and holds there, then consider whether there's room for a further rebound.
My approach hasn't changed: if the rebound lacks momentum, don't rush to go long. Wait for a signal at resistance before deciding what to do.
#股票财报季 #据报韩国考虑第四次推迟加密税 #富兰克林邓普顿申请股息转比特币ETF $BANK $DOOD
Ethereum's rebound has indeed been a bit feeble. It can't even break through the 2350 level, which shows that selling pressure overhead remains considerable and the bulls haven't yet regained the initiative.
If the price continues to struggle to move higher, the rebound may simply be a corrective bounce during the decline, so don't rush to call a trend reversal.
There are two key scenarios to watch:
If the rebound can't hold above 2350 and the price weakens again, be alert for another test of support below. For now, the focus is on shorting opportunities if the rebound stalls at resistance.
If the price later breaks above 2350 on strong volume and holds there, then consider whether there's room for a further rebound.
My approach hasn't changed: if the rebound lacks momentum, don't rush to go long. Wait for a signal at resistance before deciding what to do.
#股票财报季 #据报韩国考虑第四次推迟加密税 #富兰克林邓普顿申请股息转比特币ETF $BANK $DOOD
