With this downtrend, surely many of you aren't still going long, right?
The rebound has no strength at all.
Selling pressure overhead is growing. It should be fine to keep looking down toward around 75,000, right?
For a short-term rebound, at the very least, consider going long near 75,000 after a sharp wick down. Rebound target: 77,000–77,500.
For ETH, you can stagger entries around the 2,200–2,160 range.
Look for around 2,250–2,270.
Long positions are worth considering.
The rebound has no strength at all.
Selling pressure overhead is growing. It should be fine to keep looking down toward around 75,000, right?
For a short-term rebound, at the very least, consider going long near 75,000 after a sharp wick down. Rebound target: 77,000–77,500.
For ETH, you can stagger entries around the 2,200–2,160 range.
Look for around 2,250–2,270.
Long positions are worth considering.
