Yesterday, Ethereum's rebound precisely reached the upper band of the daily Bollinger Bands. Resistance and support have always been the core focus of market dynamics.
Today, pay close attention to the 3250 resistance level and the 3050 support level. If 3250 cannot be effectively broken, the pullback trend will continue; once it breaks through and holds above this level, it may become a key sign of a short-term reversal.
Consider shorting Ethereum near 3170-3200, with a target down to 3050-3000.
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.
Yesterday, Ethereum's rebound precisely reached the upper band of the daily Bollinger Bands. Resistance and support have always been the core focus of market dynamics.
Today, pay close attention to the 3250 resistance level and the 3050 support level. If 3250 cannot be effectively broken, the pullback trend will continue; once it breaks through and holds above this level, it may become a key sign of a short-term reversal.
Consider shorting Ethereum near 3170-3200, with a target down to 3050-3000.