Ethereum has dropped too much this time, and the trend is completely gone. A direct reversal to rise is very difficult. The 15-minute bearish trading volume is $400 million, and indicators have entered the oversold zone. On the hourly chart, the previous key support at 2110 points has turned into a major resistance level. In the short term, the market looks to decline again with decreasing volume, forming a bullish divergence. After continuous oscillation, a rebound begins.

ETH-4,66%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ChivesQiTongweivip
· 2h ago
Where can short-term Ethereum trading go?
View OriginalReply0
  • Pin