Ethereum has been moving indecisively today, stuck at this level without much momentum. Personally, I feel there might be some action later tonight.
Right now, 3240 is a key level. If it can't break above this new high, then a short-term bearish approach is more prudent. Most likely, it'll make a push upwards first to test around 3250, then turn back down.
This kind of choppy market is best for selling high and buying low. If it goes up, look at the upside potential; if it comes down, look for support levels. Managing your rhythm is more important than stubbornly sticking to one direction.
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LiquidityLarry
· 12m ago
That 3240 level is really a bottleneck. Feels like it's just dragging out the time.
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0xDreamChaser
· 7h ago
It's easy to talk about selling high and buying low, but when the market actually comes, it's still easy to get trapped. I've been watching the 3240 level for a long time, and it feels like it just won't break.
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bridge_anxiety
· 7h ago
If 3240 can't be broken, then we have to go short. I'm betting there will be a dump later tonight.
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ChainDoctor
· 7h ago
If 3240 can't be broken, then we have to turn bearish. This logic is sound.
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DegenDreamer
· 7h ago
If 3240 can't be broken, then we really have to turn bearish. I think so too.
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TokenUnlocker
· 7h ago
3240 is stuck, this position is really uncomfortable. I also think something will happen later tonight.
$ETH
Ethereum has been moving indecisively today, stuck at this level without much momentum. Personally, I feel there might be some action later tonight.
Right now, 3240 is a key level. If it can't break above this new high, then a short-term bearish approach is more prudent. Most likely, it'll make a push upwards first to test around 3250, then turn back down.
This kind of choppy market is best for selling high and buying low. If it goes up, look at the upside potential; if it comes down, look for support levels. Managing your rhythm is more important than stubbornly sticking to one direction.