The overall trend of $ETH is bullish!!!
The current price is oscillating in a narrowing range on the 1-hour cycle, with sparse distribution of positions. The resistance at 2550 has not been broken today, so the short position at 2525 has been initiated.
The EMA24 and MA52 moving averages are in a bullish arrangement, indicating that the medium-term trend is still upward. The price is under short-term pressure, but the downside potential is limited.
The short position at 2525 can be held for now; take profit will be notified!!!
You can also call me for specific details.
