From the hourly chart, Ethereum experienced a brief surge, reaching around 3370, then immediately entered a weak correction phase, showing an overall clear downward trend. From a technical perspective, the moving average system on the hourly chart remains in a bearish alignment.
Trading strategy: Ethereum: Consider short positions around 3390–3360 #加密市场回调 $ETH
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.
11.7 Afternoon Ethereum Price Analysis:
From the hourly chart, Ethereum experienced a brief surge, reaching around 3370, then immediately entered a weak correction phase, showing an overall clear downward trend. From a technical perspective, the moving average system on the hourly chart remains in a bearish alignment.
Trading strategy:
Ethereum: Consider short positions around 3390–3360 #加密市场回调 $ETH