2.27 Cryptocurrency Circle Mr. Coin: Ethereum (ETH)) market analysis reference: Ethereum dipped to yesterday's low and then moved up to around 2150 under pressure. The trend has been hovering around 2050. After breaking through the short-term resistance above, it entered a wide-range oscillation pattern. If the market stabilizes around 2000 in the future, the price is expected to continue testing higher levels. Therefore, it is recommended to prepare for long positions with a light position.


On the short-term hourly chart, the current trend is under pressure and pulling back. Although the price broke through 2100, the upward momentum is not very strong. Short-term breakout traders should seize profits in time and manage risks well. The current trend is mainly to buy on dips with steady performance. Support levels to watch are around 2000 and 1950.
Ethereum short-term reference for 2.27:
- Shorts: focus on the 2130-2080 range, with a stop at 2280, targeting below 2050.
- Longs: focus on the 1910-1960 range, with a 50-point stop loss, targeting above 2000.
Delay in sending updates, strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set take-profit and stop-loss orders to secure gains.
ETH-3.12%
BTC-1.94%
GT-0.85%
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