$ETH The current quote is around 3991, and the drop of more than two hundred points at two o'clock yesterday morning has already swallowed the gains of this week. From the four-hour chart perspective,
The support level below is around 3890-3930. The resistance above is 4200-4230, and the overall direction is still bullish. For today's Federal Reserve interest rate decision and Powell's speech after the clock changes, it is very likely to be a situation of both long and short liquidations, similar to yesterday. On the operation, After stabilizing at 3900-3930 during the fall, enter to go long. Touching resistance 4200-4230 and falling to short.
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.
$ETH The current quote is around 3991, and the drop of more than two hundred points at two o'clock yesterday morning has already swallowed the gains of this week. From the four-hour chart perspective,
The support level below is around 3890-3930.
The resistance above is 4200-4230, and the overall direction is still bullish.
For today's Federal Reserve interest rate decision and Powell's speech after the clock changes, it is very likely to be a situation of both long and short liquidations, similar to yesterday.
On the operation,
After stabilizing at 3900-3930 during the fall, enter to go long.
Touching resistance 4200-4230 and falling to short.