Let's go over the current ETH market situation! Starting with the conclusion: the short-term trend is bearish, mainly looking for pullbacks, not recommended to chase longs, as shorting offers a higher risk-reward ratio. Going long is only suitable for light positions to catch oversold rebounds.



First, look at the market chart: the 30-minute chart has already broken below the MA5, MA10, and MA30 moving averages, with the price directly below these averages. The short-term moving averages are also turning downward, indicating a bearish arrangement. The MACD below the zero line shows increasing green bars, and the KDJ is also hovering at low levels, without a clear golden cross signal yet. Overall, the pattern is weak, oscillating, and biased toward bearishness. On the news front, although institutions are continuously accumulating, retail selling pressure is obvious, and short-term capital rally willingness is insufficient. The overall market volatility is increasing, and ETH is likely to weaken along with the broader market.

Next, let's clarify the high and low point ranges and entry points. Both conservative and aggressive strategies are marked for you, but risk control must be tight!

The resistance level for the rebound above is in the 2290-2300 range, which is the area where moving averages and previous support turn into resistance; the second level is in the 2315-2330 range, near the 24-hour high, representing the trapped seller pressure and the short-term bull-bear dividing line. A volume breakout here means abandoning all bullish ideas. On the support side, the first level is in the 2260-2265 range, which is the current 30-minute support; the second is in the 2230-2240 range, a strong support from the previous consolidation platform, with an extreme possibility of testing the 2200-2210 psychological level.

For shorting strategies, a conservative entry is in the 2285-2295 range, waiting for a rebound and resistance before entering. Take profit targets are 2260-2265 first, then 2230-2240. Stop loss must be set above 2310 to prevent a breakout. An aggressive entry can be made in the 2275-2280 range with a small position, aiming for the first take profit at 2250-2255, the second at 2225-2230, and a stop loss above 2295.

For long strategies, only suitable for small positions to catch oversold rebounds; not recommended for heavy positions. A conservative entry is in the 2230-2240 range, re-entering on strong support dips. Take profit targets are 2270-2280 first, then 2300-2310, with a stop loss below 2215. An aggressive entry can be made in the 2260-2265 range with a small position, aiming for the first take profit at 2285-2290, then 2300-2310, with a stop loss below 2250.

Although Tuesday's market liquidity is better than the weekend, recent news has been dense, and volatility remains high. Sudden spikes can happen at any time. Stop losses must be strictly set—don't hold through a loss or over-leverage! If you're unsure about the entry points, just wait for the smart signals. Daily precise levels for mainstream coins will be provided, so stay tuned to see how capable you are! $ETH $BTC $SOL #加密市场小幅下跌
ETH-1.67%
BTC-1.75%
SOL-1.7%
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