Current ETH price is 3037.91, down 4.24% today, with a net capital outflow of 525 million, short-term bearish. On the 4-hour timeframe, after spiking to 3239, it has been falling consecutively, rebounding slightly after touching 2978. This is considered a “weak recovery after a drop,” with bears in control. Resistance: 3080 (recent downtrend consolidation platform) Support: 2978 (intraday low) 15-minute timeframe (short-term) pattern: After rebounding from 2978, it is oscillating between red and green, with weak bullish momentum, fluctuating between 3019-3044. Resistance: 3044 (intraday rebound high) Support: 3019 (intraday oscillation low)
Light short positions can be taken at 3040-3050, stop loss at 3070, target 3019 → 2980; Light long positions can be tested on a pullback to 2980-3000, stop loss at 2960, target 3040 → 3060. For specific trading operations, please refer to Moyu’s live trades.
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12.6 ETH
Current ETH price is 3037.91, down 4.24% today, with a net capital outflow of 525 million, short-term bearish.
On the 4-hour timeframe, after spiking to 3239, it has been falling consecutively, rebounding slightly after touching 2978. This is considered a “weak recovery after a drop,” with bears in control.
Resistance: 3080 (recent downtrend consolidation platform)
Support: 2978 (intraday low)
15-minute timeframe (short-term) pattern: After rebounding from 2978, it is oscillating between red and green, with weak bullish momentum, fluctuating between 3019-3044.
Resistance: 3044 (intraday rebound high)
Support: 3019 (intraday oscillation low)
Light short positions can be taken at 3040-3050, stop loss at 3070, target 3019 → 2980;
Light long positions can be tested on a pullback to 2980-3000, stop loss at 2960, target 3040 → 3060.
For specific trading operations, please refer to Moyu’s live trades.