Yesterday, the on-chain issuance of 1 billion funds led to a market rise. The ETH resistance levels are at 4380 and 4431, where short positions can be taken with a stop loss at 4489. The bottom-fishing funds yesterday were still strong, with 4230 and 4148 as potential long positions, and a stop loss at 4107. Target positions can be closed at both resistance and support levels. The overall trend is to sell high and buy low within a range, without a clear pattern, digesting the daily MACD death cross with oscillating declines.
Show original
15.09K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.