【ETH Breaks 3600 or 4000? A Guide to Managing Positions Under BTC Resistance Levels】
ETH currently has two market outlooks: one is a surge to the 3600-3700 range followed by a market pause; the other is a potential climb near the 4000 USD mark.
Yesterday, 30% of ETH holdings were sold off at an average exit price of approximately 3370. The core logic is based on the expectation that BTC will lead the charge to test the 98000 resistance level first; ETH still has room for a rebound, and given BTC's overall steady trend, it can continue to be held. The next key resistance level for BTC is around 107000.
Next, observe the breakout at 3447 points, considering the volume during the breakout to help determine whether ETH can push up to the 3600-3700 range.
From a weekly perspective, the 3600 level faces resistance from both the middle Bollinger Band and important moving averages. The resistance is strong, and whether it can be broken remains uncertain. Decisions will be made based on real-time market conditions.
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【ETH Breaks 3600 or 4000? A Guide to Managing Positions Under BTC Resistance Levels】
ETH currently has two market outlooks: one is a surge to the 3600-3700 range followed by a market pause; the other is a potential climb near the 4000 USD mark.
Yesterday, 30% of ETH holdings were sold off at an average exit price of approximately 3370. The core logic is based on the expectation that BTC will lead the charge to test the 98000 resistance level first; ETH still has room for a rebound, and given BTC's overall steady trend, it can continue to be held. The next key resistance level for BTC is around 107000.
Next, observe the breakout at 3447 points, considering the volume during the breakout to help determine whether ETH can push up to the 3600-3700 range.
From a weekly perspective, the 3600 level faces resistance from both the middle Bollinger Band and important moving averages. The resistance is strong, and whether it can be broken remains uncertain. Decisions will be made based on real-time market conditions.