$ETH Ethereum Trend Prediction and Analysis!
Take a few seconds to look over, it won't affect you from making big money!
Yesterday I called for a short all day, and with the news from Powell's speech in the evening, the price of Ethereum dropped!
From a four-hour perspective, the market shows a fluctuating downward trend, with a low touching above the support level of 2550, and then quickly rebounding!
The intraday warming strength is relatively weak. From a technical perspective, the bearish momentum has weakened, and a temporary support range has appeared in the 2550-2580 range, showing a phase of stop-loss signals.
The intraday trend indicates a high probability of a short-term rebound. As selling pressure weakens, 2550 forms a short-term bullish barrier!
If the price stabilizes above 2600, it is expected to further explore the 2650-2680 area.
Ethereum's future is 🉑 bullish near 2580, with resistance near 2655 🉑 out!
In the evening, there will still be news from Old Powell speaking, so pay attention to entry points!
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