$ETH
The long-silent whale on the Ethereum chain has begun to move. Today's Ethereum is still oscillating within the range, attempting a strategy of high selling and low buying.
Yesterday, Ethereum's daily line dropped from a low of around 1850 to a low of around 1805, closing at around 1835.
The upper pressure level is around 1865; if broken, it could reach around 1900. If it rebounds to this area, it may be a good opportunity to short.
Currently, the price is oscillating within a relatively narrow range, with no clear one-sided trend signal. Considering that weekend market liquidity is usually affected, trading activity may decrease, and price fluctuations might be further limited.
In the short term, buying near 1786-1753 is possible, with a rebound target around 1890. If it rebounds to 1868-1900, it may be a good opportunity to short, with a target around 1785. At the same time, set strict stop-loss orders to guard against potential unexpected market movements.
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