November 14 ETH Market Forecast
After a sharp intraday drop to a low of 1875, the 3-minute chart is currently in a weak, low-level consolidation and recovery phase. The moving averages are in a bearish formation, and the Bollinger Bands are trending downward overall. The short-term rebound is more of a technical bounce following the sharp drop, with the broader bearish trend still dominating the market.
ETH:
Consider a light short position on a rebound to around 1930–1950, with a stop-loss at 1970 (above the dense resistance zone) and a target around 1840–1860 (with the trend, watch for a break below the intraday low).
#加密美股齐跌，下轮反弹的驱动力在哪？ #Ethereum $ETH
After a sharp intraday drop to a low of 1875, the 3-minute chart is currently in a weak, low-level consolidation and recovery phase. The moving averages are in a bearish formation, and the Bollinger Bands are trending downward overall. The short-term rebound is more of a technical bounce following the sharp drop, with the broader bearish trend still dominating the market.
ETH:
Consider a light short position on a rebound to around 1930–1950, with a stop-loss at 1970 (above the dense resistance zone) and a target around 1840–1860 (with the trend, watch for a break below the intraday low).
#加密美股齐跌，下轮反弹的驱动力在哪？ #Ethereum $ETH
