#eth Over the past 12 hours, Ethereum has been oscillating within the 2125-2176 range overall.
During early trading, the price repeatedly sawed around 2130, with intense bulls vs bears competition; bulls exerted strength at midday, with price surging to around 2176 near the intraday high, then pulling back under pressure, currently returning to around 2146, maintaining an overall strong oscillation trend. Short-term moving averages are highly converged around 2140-2148, indicating that the current price is at a key position of short-term bulls and bears equilibrium. 2149 forms minor resistance above the price, while 2140 below provides short-term support. Coin price surged and pulled back, with upside momentum slightly weakened, currently in a pullback and accumulation phase. Current bulls and bears signals are deadlocked; it is recommended to test with light positions and set stop-loss strictly. Ethereum: Short around 2172, target 2242~2262 Bitcoin: Short around 70900, target 69900~69400
#eth Over the past 12 hours, Ethereum has been oscillating within the 2125-2176 range overall.
During early trading, the price repeatedly sawed around 2130, with intense bulls vs bears competition; bulls exerted strength at midday, with price surging to around 2176 near the intraday high, then pulling back under pressure, currently returning to around 2146, maintaining an overall strong oscillation trend.
Short-term moving averages are highly converged around 2140-2148, indicating that the current price is at a key position of short-term bulls and bears equilibrium. 2149 forms minor resistance above the price, while 2140 below provides short-term support. Coin price surged and pulled back, with upside momentum slightly weakened, currently in a pullback and accumulation phase.
Current bulls and bears signals are deadlocked; it is recommended to test with light positions and set stop-loss strictly.
Ethereum: Short around 2172, target 2242~2262
Bitcoin: Short around 70900, target 69900~69400