ETH Current Market Analysis



Large, medium, and small cycles are all turning bearish; the current best strategy is to follow the trend and short, strictly avoiding blind bottom-fishing.

Follow me, if you have any questions, ask me directly in the comment section.

Reference for short positions: 2242 ——— 2264 (prefer to trade here)

Reference for long positions: 2113 ——— 2096 (light position trading)

ETH Resistance Levels Above

First resistance: around 2242 (probability of breakout 32%)

Second resistance: around 2264 (probability of breakout 22%)

Third resistance: around 2298 (probability of breakout 12%)

Fourth resistance: around 2332 (probability of breakout 5%)

ETH Support Levels Below

First support: around 2176 (probability of breakdown 68%)

Second support: around 2139 (probability of breakdown 62%)

Third support: around 2113 (probability of breakdown 40%)

Fourth support: around 2096 (probability of breakdown 25%)
ETH-3.87%
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