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Two-Bit Morning Analysis:
$ETH Long positions on the low side: enter at 3100-3120, build positions in batches. Stop loss at 3080. Take profit at 3180.
$ETH Short positions on the high side: enter at 3180, stop loss at 3230, take profit at 3120.
Short-term bearish bias, with 3100-3120 as the intra-day support and resistance dividing line. If broken, the price will accelerate downward; watch whether the rebound can hold steady with volume between 3180-3220.
Support level: around 3100.
Resistance level: around 3180. #eth