#以太坊跌破2300美元
ETH briefly dipped below $2,300, and you're already ready to write its obituary?
In trading, an intraday dip below a level and a decisive breakdown are two different things. $2,300 is a level to watch for buying and selling reactions. Treating it like the floor of a vault overestimates how much weight a round number can bear.
I’m more focused on how the price holds on an hourly retest. After reclaiming $2,300, if it can hold the nearby area on another pullback and the lows gradually rise, that would be stronger evidence that buyers caught this dip. If the rebound quickly fizzles and price falls back below the level, we should take that recovery with a grain of salt.
Volume matters too. Whether buyers step in during the rebound tells us more than a single bullish candle. Call it a crash on the way down, then declare the bull market back the moment it bounces—change your convictions three times in two minutes, and the platform will at least make sure it collects its fees.
This time, I’ll first see whether the reclaim of the level can hold. I won’t use a break that’s already happened as a reason to chase shorts. The price is back, but whether support can be rebuilt remains to be seen—the market still has to show its work.
When judging a false breakdown, do you trust volume more, or how price behaves on the retest?
$ETH
ETH briefly dipped below $2,300, and you're already ready to write its obituary?
In trading, an intraday dip below a level and a decisive breakdown are two different things. $2,300 is a level to watch for buying and selling reactions. Treating it like the floor of a vault overestimates how much weight a round number can bear.
I’m more focused on how the price holds on an hourly retest. After reclaiming $2,300, if it can hold the nearby area on another pullback and the lows gradually rise, that would be stronger evidence that buyers caught this dip. If the rebound quickly fizzles and price falls back below the level, we should take that recovery with a grain of salt.
Volume matters too. Whether buyers step in during the rebound tells us more than a single bullish candle. Call it a crash on the way down, then declare the bull market back the moment it bounces—change your convictions three times in two minutes, and the platform will at least make sure it collects its fees.
This time, I’ll first see whether the reclaim of the level can hold. I won’t use a break that’s already happened as a reason to chase shorts. The price is back, but whether support can be rebuilt remains to be seen—the market still has to show its work.
When judging a false breakdown, do you trust volume more, or how price behaves on the retest?
$ETH