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March 27 Morning Erbingo Strategy Analysis
Trying to rally but not moving, heavy sell orders above, gets crushed on any rebound
Indicators are weak, little room to go higher
The overall trend is still downward, with significant resistance around 2170-2200
Major funds are still flowing out, overall bearish
Trading suggestions:
Short entry points: Sell in batches as it rises to the 2170-2200 range
Stop loss: Exit if it breaks 2220, don’t hold through it
Targets:
First look around 2020
Then further down at the strong support levels of 1980-1950
$ETH #稳定币去利息化博弈升温