ETH is consolidating, but the bears are still marching on?
Brothers, ETH recently resembles that player who knows there's no hope yet insists on turning the tide: weak consolidation, feeble rebounds, yet stubbornly refusing to drop below 1384.
📉 Technical Review:
- EMA13 is being pressed down by 144, and the short position hasn't even gained momentum before being interrupted;
- MACD is flat, momentum like a programmer who hasn't had coffee;
- The Bollinger Bands are getting narrower, reminiscent of that pre-market atmosphere of 'nobody move'.
🎯 Trading Strategy Reference:
- Buy Point: 1384 (emotional bottom + previous support)
- Stop Loss: 1360 (if it breaks, run away)
- Consider Short Position: around 1691
- Short Position Stop Loss: 1710
Are you currently holding tokens and waiting, or have you emptied your position and plan to buy the dip? Comment your rhythm, and let's see the truth at Gate!
I am Arthur, pay attention to comments, top team free consultation channel is open for you, serving only the ambitious madmen.
