鹰眼ETH
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ETH bounced from 1472 to 1384 and was slapped back, the bearish engulfing directly 'muted' it 📉
Old friends from Binance, Arthur is online. This wave of ETH's rebound really feels like 'just lifting its head and hitting the ceiling'—after a tough bounce from 1472 to around 1384, just about to take a deep breath, and then bam, a 'bearish engulfing' came crashing down, and the market fell asleep right there 😴
📊 Market Highlights:
- MACD was about to golden cross, but then DIF chickened out;
- EMA(13) continues to press down, short-term pressure is huge;
- The middle Bollinger band hasn't been broken, rebound relies purely on willpower;
- Trading volume is weak, market atmosphere feels like a Monday morning meeting.
📌 Key Levels:
- Support holds: 1384 (if broken, will continue to dip);
- Resistance levels: 1636 (multiple retests), 1688 (needs to break for confirmation of reversal);
- Stop-loss suggestions: Long position at 1580, short position at 1700.
Did you catch the bottom and get buried, or did you enjoy the short position? Let's chat in the comments!
I am Arthur, pay attention to the comments, top team free consultation channels are open to you, only serving ambitious madmen. $BTC $ETH $XRP
Old friends from Binance, Arthur is online. This wave of ETH's rebound really feels like 'just lifting its head and hitting the ceiling'—after a tough bounce from 1472 to around 1384, just about to take a deep breath, and then bam, a 'bearish engulfing' came crashing down, and the market fell asleep right there 😴
📊 Market Highlights:
- MACD was about to golden cross, but then DIF chickened out;
- EMA(13) continues to press down, short-term pressure is huge;
- The middle Bollinger band hasn't been broken, rebound relies purely on willpower;
- Trading volume is weak, market atmosphere feels like a Monday morning meeting.
📌 Key Levels:
- Support holds: 1384 (if broken, will continue to dip);
- Resistance levels: 1636 (multiple retests), 1688 (needs to break for confirmation of reversal);
- Stop-loss suggestions: Long position at 1580, short position at 1700.
Did you catch the bottom and get buried, or did you enjoy the short position? Let's chat in the comments!
I am Arthur, pay attention to the comments, top team free consultation channels are open to you, only serving ambitious madmen. $BTC $ETH $XRP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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