Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#TRUMP This rise from 2620 is indeed interesting, directly standing above 3000. Although the long-term cycle is still bottoming out, the momentum in the short term is not weak.



I looked at the Fibonacci retracement levels, and the 50.0 level at 3139 is a hurdle. If it can break through, the potential towards 4000 will be opened up. Now, there's obviously more capital looking to buy around the 3000 mark, and this bullish sentiment can indeed hold for a while.

However, we need to closely monitor the range of 2880-2850. If it really breaks down, we will need to reevaluate the rebound logic. Personally, I think a pullback to 2980-2950 could be a good opportunity to enter in batches, with a stop-loss set below 2900 for more stability, and see if we can catch the wave up to 3080-3117.

The current trend is relatively stable, and the pullback is actually an opportunity; the key is whether 3139 can be broken.
ETH0.15%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)