In the early morning, Ether broke through the 3000 level, surging to around 3050 in the early session. The short-term rebound is strong, but the larger bearish pattern remains unchanged, making the risk of chasing long positions very high. The priority for the day is to look for a pullback and correction.
Trading suggestion: Short in the range of 3055-3080, target looking at 3000-2950, strictly control positions and do not blindly chase after the rise.
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.
11.27 Morning Ether Strategy:
In the early morning, Ether broke through the 3000 level, surging to around 3050 in the early session. The short-term rebound is strong, but the larger bearish pattern remains unchanged, making the risk of chasing long positions very high. The priority for the day is to look for a pullback and correction.
Trading suggestion: Short in the range of 3055-3080, target looking at 3000-2950, strictly control positions and do not blindly chase after the rise.