$ETH Ethereum’s deep-V shakeout: buy the dip or keep shorting?
Look at the chart: it surged to 2391 during the day, and plenty of people chased the price. Then it plunged straight to 2292, liquidating a lot of long positions.
But it didn’t keep crashing after the drop. Instead, it formed a V-shaped reversal and is now back at 2326. This shows that buying support near the bottom is strong, and the bears can’t push it lower.
Go long with a small position on a pullback to 2315–2320, with a stop at 2290. First target: 2340; if it breaks through, look to 2370.
Don’t catch a falling knife during a sharp drop—a deep V is bound to rebound. Get on board with the trend!
#以太坊ETF通过
Look at the chart: it surged to 2391 during the day, and plenty of people chased the price. Then it plunged straight to 2292, liquidating a lot of long positions.
But it didn’t keep crashing after the drop. Instead, it formed a V-shaped reversal and is now back at 2326. This shows that buying support near the bottom is strong, and the bears can’t push it lower.
Go long with a small position on a pullback to 2315–2320, with a stop at 2290. First target: 2340; if it breaks through, look to 2370.
Don’t catch a falling knife during a sharp drop—a deep V is bound to rebound. Get on board with the trend!
#以太坊ETF通过
