April 5th Ethereum Evening Public Strategy



On the 15-minute timeframe, Ethereum’s price started a continuous decline from the 2083 peak, then dipped to a low around 2020 and formed a stop-the-fall bullish candle. It is currently in a weak rebound phase after the drop. The rebound has not broken above the downward trendline. The 2050-2060 zone above forms strong resistance.

Volume characteristics: In the decline, there is a clear surge in volume with long bearish candles, confirming the bearish selling pressure. In the rebound, volume keeps shrinking, showing that the bulls’ follow-through is insufficient. The rebound is only a technical correction, with no trend reversal signals.

Trading suggestion: Place orders in the 2050-2060 nearby range for the rebound, with targets at 2030-2020

#Gate广场四月发帖挑战
#假期持币指南
#加密市场行情震荡
#国际油价走高
$BTC $ETH
BTC0,01%
ETH-0,29%
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BrotherYan'sBitvip
· 5h ago
1~1~0~1~6~6~4~5~3~2=🐧
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