$ETH Ethereum's recent market trend, the price starting with 28 is very likely to break today. I've shared this judgment with many people, but not everyone believed it.
The key points are these: if it breaks through within the time window from now until 2:30 PM, the movement will be relatively quick. It may directly fall below the 2870-2850 support line, or it could go even deeper, reaching around 2820-2780. All of this still depends on where the 28xx level can hold.
That said, the rebound strength won't be too strong. Once it breaks through the 2890-2870 range, that would be a good opportunity to go long. But at this stage, I personally remain bearish, and this outlook should be maintained.
The above is just an analysis based on the chart, for reference only.
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$ETH Ethereum's recent market trend, the price starting with 28 is very likely to break today. I've shared this judgment with many people, but not everyone believed it.
The key points are these: if it breaks through within the time window from now until 2:30 PM, the movement will be relatively quick. It may directly fall below the 2870-2850 support line, or it could go even deeper, reaching around 2820-2780. All of this still depends on where the 28xx level can hold.
That said, the rebound strength won't be too strong. Once it breaks through the 2890-2870 range, that would be a good opportunity to go long. But at this stage, I personally remain bearish, and this outlook should be maintained.
The above is just an analysis based on the chart, for reference only.