Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Ethereum's recent rebound looks fierce, but a closer look at the chart reveals that the main force is just诱多.
On the 1-hour chart, ETH surged to 3148 and then quickly dropped back. Currently, it’s at 3094.62, having broken below the MA5 (3105.74) and MA10 (3098.43) moving averages. The RSI(6) is only 44.8, clearly indicating a bearish bias. Although the MACD green histogram has shrunk, the DIF remains at -5.41, below DEA’s -8.10, showing no real bullish momentum. The signs of the main force using the rebound to dump are quite obvious.
The current price of 3094.62 can be directly shorted, with the stop-loss set above 3148. The first target for bearishness is at 3056.79 (the 24-hour low), and further down, the second target is the 3000 integer level.
If you are a trend trader, hold firmly on this position. For short-term traders, it’s safer to take profits in stages at key support levels, but also beware of chain reactions of selling if the price breaks below these levels.