Is the Bear Market coming?
Ethereum has currently fallen to 3480, with a low point at 3431.
🎯 Short Selling Trading Strategy Suggestions
- Entry Zone: 3,480 – 3,515 Range
- Profit Target:
1. First target level 3,440 (close to recent low point level)
2. Second target level 3,400 (further probing support level)
- Risk Control: Set stop loss at 3,540 (if it breaks the 25-day moving average and stabilizes, be cautious of the failure of the bearish strategy)
📊 Market Trend Outlook
From a technical perspective, the price of ETH continues to exhibit the characteristics of a Bear Market, with
Ethereum has currently fallen to 3480, with a low point at 3431.
🎯 Short Selling Trading Strategy Suggestions
- Entry Zone: 3,480 – 3,515 Range
- Profit Target:
1. First target level 3,440 (close to recent low point level)
2. Second target level 3,400 (further probing support level)
- Risk Control: Set stop loss at 3,540 (if it breaks the 25-day moving average and stabilizes, be cautious of the failure of the bearish strategy)
📊 Market Trend Outlook
From a technical perspective, the price of ETH continues to exhibit the characteristics of a Bear Market, with
ETH-3.71%