$ETH Ethereum Today's Analysis
Currently in a sideways market, having broken below the support level on the 15-minute chart.
The support level on the 15-minute chart is around 1890, and at this position, one can directly take a long position.
Ethereum is truly underperforming; the rebound is not happening. It starts to decline in the evening, so today we can just short at the high and hold on to it.
If you go long now, it’s easy to get caught in a downturn in the evening, as it keeps hovering around this point. Our lower support level is around 1600.
I have many years of real trading experience, having gone through three cycles of bull and bear markets, with five years of contract experience in professional unwinding and solving difficult issues. If you like Kevin's insights, feel free to follow.
