Ethereum The daily level watershed is around 3070. Only when it breaks above can we expect a reversal. Here, you can consider a small short position. For shorts around 2980-2990, you can reduce your position. If it breaks below, it’s likely to see 2800-2700. If it breaks further, the daily level may start to reverse. Bitcoin Currently, around 90700 is a critical watershed. Let’s see if it can break through here. I estimate you can take a small short position at this level, then watch if it can break below around 89500. If it breaks below 89500, it may go down to 87000-86000.
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.
#ETH Live Room Strategy
Ethereum
The daily level watershed is around 3070. Only when it breaks above can we expect a reversal. Here, you can consider a small short position. For shorts around 2980-2990, you can reduce your position. If it breaks below, it’s likely to see 2800-2700. If it breaks further, the daily level may start to reverse.
Bitcoin
Currently, around 90700 is a critical watershed. Let’s see if it can break through here. I estimate you can take a small short position at this level, then watch if it can break below around 89500. If it breaks below 89500, it may go down to 87000-86000.