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$ETH
Before Ethereum stabilizes above 2250, there is still a possibility of a pullback. On Saturday and Sunday, you can consider buying around 2200, with a stop loss near 2150.
The area between 2250 and 2280 has significant debate between bulls and bears. 2280 is still the resistance level of the daily MA90 and also a recent high point, representing a short-term double top and a double top structure.
Ethereum had little movement on Saturday; the strategy remains unchanged: buy on dips around 2210, do not short, and patiently wait for next week’s market to stabilize above 2250, then directly push towards 2350-2500.
Centered around 2250, a 10x short position could push the price to 2475, and a 20x short position could push it to 2350. This is for reference only.
There are too many shorts at 2200/2250; on Friday, the short sellers betting on news were all trapped in this range. The short sellers at this level should be feeling uncomfortable. Keep an eye on the 2250 level—if it stabilizes and breaks through, look for 2350. #Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三