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3.13 Coin Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference
Ethereum's intraday rebound has not broken through the 2100 resistance level above. The momentum of bulls is starting to weaken, and prices have pulled back to the oscillation zone. Short-term continues to consolidate within the range. Focus on the 2030 support level going forward. Breaking below carries the risk of pullback, and pay attention to whether 2100 is broken above; a breakout would signal continuation. Looking at the short-cycle hourly chart, the Bollinger Bands are in a pinch pattern, currently maintaining range oscillation with neither upper nor lower boundaries broken again. Pay attention to range breakout situations.
Operationally, range high and low trading. For 3.13 Ethereum short-term reference: 2090-2140 range breakout, defense at 2380, target below 2030. 1950-2000 range, stop loss 50 points, target above 2040. Message sending has delays. Strategy suggestions are for reference only. Market conditions change rapidly. No matter how confident the judgment of market trends is, stop profit and stop loss must be set properly. Secure profits#Gate2月衍生品市场份额创新高 $BTC $GT $ETH