Ethereum Analysis on Monday Morning

The current market is in a sideways consolidation phase, and the risk of chasing highs is relatively high. The price has not yet broken through the key range, and a new trend requires confirmation of a breakout. It is recommended to adopt a strategy of selling high and buying low, shorting near resistance levels.

Trading Suggestions

Short Ethereum in the 1610-1590 range, with a target of 1550-1530 #ETH走势分析 $ETH