Ethereum experienced a sharp rally this morning, with price action resembling a rocket shooting straight up, touching a high of 2149, followed by a quick pullback to around 2109. Currently, price has reclaimed its position above the 2100 level.



Although this sudden rally appears to show signs of strengthening, the 2200 zone above remains an important resistance level that has been blocked multiple times previously. Before effective breakout at this level, upside space remains difficult to truly open.

Operationally, maintain the strategy of avoiding chasing highs at elevated levels, with intraday focus on observing pullbacks. Pay close attention to how price handles the 2150 and 2175 zones above, and consider shorting if the rebound reaches this area; below, monitor the 2050-2000 support zone, and if pullback reaches this area with declining downside momentum, consider participating in the bounce with short-term longs.
$GT #Gate广场AI测评官 $ETH #3月CPI数据出炉
GT1,04%
ETH4,36%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin