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One platform for global traditional assets
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ETH
Early in the morning, it plummeted to around 1938 amid the haze.
A quick rebound in the morning to 2023 failed to continue.
Currently fluctuating around 2010.
The four-hour chart shows a well-defined downward channel.
Short-term rebound is suppressed by the midline.
Overall, the trend remains bearish.
The rebound is weak, so expect a pullback within the day.
Consider entering short positions in batches around the 2020-2050 zone.
Watch the 1950-1900 area below.