(March 19 Afternoon) ETH | Stabilizing After Sharp Decline, Watching Key Support for Rebound
ETH has sharply pulled back from around 2390 under strong selling pressure. The Fed decision drove a rapid dip, but the downtrend did not continue. The bullish trend remains intact, and continuous ETF inflows provide floor support, with consolidation now entering a stabilization phase.
✅Trading Strategy: If 2140 does not break, you can take a light position to trade the rebound; if it breaks, manage risk and watch for range recovery. Not sure when to enter? Try checking ZhuYe's pinned message🤔 $ETH #Gate13周年全球庆典
(March 19 Afternoon) ETH | Stabilizing After Sharp Decline, Watching Key Support for Rebound
ETH has sharply pulled back from around 2390 under strong selling pressure. The Fed decision drove a rapid dip, but the downtrend did not continue. The bullish trend remains intact, and continuous ETF inflows provide floor support, with consolidation now entering a stabilization phase.
Key Levels:
• Core Support: 2140 (on-chain cost + structural support, holding this level suggests rebound potential)
• Rebound Targets: 2250–2300
✅Trading Strategy:
If 2140 does not break, you can take a light position to trade the rebound; if it breaks, manage risk and watch for range recovery. Not sure when to enter? Try checking ZhuYe's pinned message🤔
$ETH #Gate13周年全球庆典