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Wednesday midday ETH Jing Yi Trading Strategy
Boosted by the easing of geopolitical tensions, after previous continuous declines, the market has entered a phase of oscillation and recovery. Yesterday, ETH's price moved in sync with BTC.
Currently trading within the 2000–2160 range, with intense battles between bulls and bears. From a technical perspective, resistance levels above remain significant, and the overall price is still within a range-bound oscillation. If volume increases and ETH stabilizes above 2160, the rebound could continue and gradually move higher; if it falls back below the 2000 key level, this round of rebound may be over, and the price could accelerate downward.
Trading Suggestions:
Short ETH in the 2110–2148 range, with targets down to 2085–2038. Be sure to strictly control position sizes.