Ethereum broke through a converging triangle and opened an uptrend, reaching the 2385 resistance level. After that, the major funds stagnated and initiated a decline. Major funds are currently flowing out 600 million, and the price has broken below the trend line, reaching support at the previous box edge. For long positions, you can watch the 2067, 2010, and 1910 levels. Once the final trend line is broken, you need to stop loss, as breaking it will open up a larger downside space. For short positions, you can watch around the 2303 and 2346 levels.

ETH-3,89%

View Original

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.