The $2,000 threshold still failed to hold over the past 24 hours: $ETH hit a low of $1,983.82, setting a new 7-day low. It’s now around $2,008, down about 2.6% over the past 24 hours. The 24-hour range was $1,983.82 to $2,066.42, with spot trading volume of about $483 million—a sizable amount.
Looking at the 7-day period, the range was $1,983.82 to $2,251.54, down about 10.4% over the week. The high and low were nearly $268 apart. The price has just moved back above $2,000 and is less than $25 from the 24-hour low.
Three levels to watch today:
Above: $2,066.42 (24-hour high)
Below: $1,983.82 (24-hour low and 7-day low)
Top of the range: $2,251.54 (7-day high)
Until it gets back above $2,066.42, this overnight move is still just a move within the lower end of the range. A break below $1,983.82 would shift the bottom of the 7-day range. The U.S. October PPI is also due at 21:30 tonight; for now, keep an eye on these two levels. Will it get back to $2,066 first, or test $1,983.82 again?
$ETH #以太坊 #Market Watch
Looking at the 7-day period, the range was $1,983.82 to $2,251.54, down about 10.4% over the week. The high and low were nearly $268 apart. The price has just moved back above $2,000 and is less than $25 from the 24-hour low.
Three levels to watch today:
Above: $2,066.42 (24-hour high)
Below: $1,983.82 (24-hour low and 7-day low)
Top of the range: $2,251.54 (7-day high)
Until it gets back above $2,066.42, this overnight move is still just a move within the lower end of the range. A break below $1,983.82 would shift the bottom of the 7-day range. The U.S. October PPI is also due at 21:30 tonight; for now, keep an eye on these two levels. Will it get back to $2,066 first, or test $1,983.82 again?
$ETH #以太坊 #Market Watch
