Monday $ETH market trend latest行情分析
From the market perspective, ETH surged to the 3159 level but clearly encountered resistance. After the surge, the trading volume couldn't keep up, and the main force did not push further up, causing the price to start fluctuating downwards from the high.
The upper side is pressed down, while the lower side has temporary support, but the strength is not strong.
It can be seen that the previous large bullish candle lifted the market, but the subsequent small K-lines are getting weaker, indicating that the bullish sentiment is cooling down. The market has dropped back to around 3001, which is mostly a retest of a small support area. If this position holds, ETH will continue to maintain range-bound fluctuations; however, if a strong bearish candle breaks down, one should be cautious of further downward testing.
The upper range of 3150–3160 is a strong short-term resistance, and the bulls cannot push through.
The lower area of 3001 is short-term support; if broken, it will accelerate. Currently, it is in a weak fluctuation after a high and low return, and if you want to go long, you should wait for stability; if it is unstable, it is easy to be trapped.
This kind of market means the main force is washing out positions. Before there is a clear direction, don't be too aggressive in operations; wait for a clear breakout or breakdown before following. If you really can't hold on to a direction, then pay attention to @合约波段捕手——余姐 and follow Sister Yu's signals.
