The morning video on 11.25ETH also mentioned whether it can truly break below around 2897 during the day. If it breaks below, then there is already a vacuum period with higher trade volumes down to around 2800. Currently, the main FOMO sentiment in the market is quite heavy, and market makers' funds have been staying inside without escaping. Once they escape, the price will fall back like point shaving to around 2800 and even lower to 2730. Last night, it was also emphasized that the upper area is a dense zone for market makers' funds!
Operation suggestion: Short at 2910, look for 2800. Below 2780, see 28400 $ETH .
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.
The morning video on 11.25ETH also mentioned whether it can truly break below around 2897 during the day. If it breaks below, then there is already a vacuum period with higher trade volumes down to around 2800. Currently, the main FOMO sentiment in the market is quite heavy, and market makers' funds have been staying inside without escaping. Once they escape, the price will fall back like point shaving to around 2800 and even lower to 2730. Last night, it was also emphasized that the upper area is a dense zone for market makers' funds!
Operation suggestion: Short at 2910, look for 2800.
Below 2780, see 28400 $ETH .