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Wednesday, April 22 ETH Strategy
Currently, it’s a typical range-bound movement.
Short-term resistance is at 2350, support at 2280. The four-hour Bollinger Bands are clearly narrowing, with the price oscillating around the middle band, and the trend has not yet emerged.
On the hourly chart, after probing the 2250 bottom, it has been fluctuating upward, but each time it reaches 2350, it gets pushed down, indicating strong selling pressure above.
In terms of strategy, watch for a pullback intraday; if the decline does not continue, consider adding long positions.
Trading reference: Short at 2325-2340 area, targeting 2270-2220. #Gate13周年现场直击 #GatePreIPOs首发SpaceX #特纳斯接任苹果CEO $BTC $ETH