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💬 Your greatest enemy is your own emotions.
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3️⃣ Share your trading experiences, insights, or growth stories
— The more genuine and insightful your post, the higher your chance to win!
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3 lucky participants → Gate X RedBull Cap + $20 Position Voucher
If delivery is unavailable, the prize will be replaced
#数字货币市场调整 Ethereum has been a bit weak recently, failing to hold the 3100 level. From a technical perspective, both the MA moving averages and Bollinger Bands are in a bearish arrangement.
The current market situation is quite perplexing: looking down, 3025 is the previous low position, if it breaks further, the 3000 round number might need to be tested; looking up, the pressure at 3300 is still quite heavy.
Personally, I tend to be cautious in my operations. If there is a rebound near 3100, it can be monitored, but it must firmly stand above 3200 to be considered as a real recovery. If it continues to decline, taking short positions is also an option, with the target below focused on the previous low of 3025.
In the short term, the trend of $ETH is weak, and the correlation of $BTC also needs to be monitored. It is not recommended to heavily bet on a rebound.