$ETH 2555 Iron Bottom, is Ethereum aiming for 3500 this week?
Good afternoon, everyone. It's still your quiet brother here. Today, due to the rain, I got up a bit late, so let's briefly and objectively break down the general idea for this week based on the market. First, we can see that this morning the daily chart tested downwards by 30 points, which is quite a friendly pullback for buying in. Those who managed to catch this can hold onto this position because the accumulated bears below will bring strong explosive energy, further driving the price upwards.
2510/2555 are the first and second level supports, and even if you enter a position at 2580 for a third-level support, that’s still fine. So, I’m not optimistic about last week’s bears unless you're shorting coins like DOGE or ZKJ, which are considered low-quality. We were also affected by the adjustments on Friday and Saturday, but we still maintain a strong bullish outlook because the support from altcoins is really high this time, at least three to four stories high. For intraday Ethereum, we first look at the two key resistances at 2688/2750. #加密市场反弹
