#加密市场回调 🔥 Ethereum market data observation is here!

$ETH was quite interesting yesterday - first, it surged to a new high, but then it was quickly hammered down, and finally stabilized at the position of 2788.

The rebound has occurred, but it feels a bit weak. It looks a little weak in the short term now, entering an adjustment phase.

The most important line to watch right now is 2850. This position is very delicate; if it holds, there is still hope, but if it doesn't, it will be problematic.

If it can hold steady at 2850 and break through 2900, the downward pressure will ease significantly, and there may even be a chance to touch the range of 2950-3000.

But if it breaks 2850 again, then you have to be careful, it may retrace to the support at 2788, and it might even test around 2800.

Currently fluctuating in the range of 2850-2900, it is suitable for high sell and low buy; make sure not to impulsively chase orders.

Reference strategy: You can try a light long position around 2850, targeting 2900 and 2950, with a stop loss set below 2820; if it breaks below 2850, you can take a light short position, targeting 2800, with a stop loss set above 2880.

The direction is not yet clear, so controlling the position is very important; quick in and out. Once the volume truly breaks through the range, just follow the trend.

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