Ethereum has been fluctuating around 3425 in the past 4 hours, with the previous candlestick showing a long upper shadow, indicating strong resistance above!
The daily chart shows that the closing price on November 12 was slightly higher than the opening price, but overall it remains in a downtrend. Several consecutive bearish candles in recent days suggest limited rebound strength, and the long-term trend remains bearish!
Short positions near 3480, continue to target 3300!
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Ethereum has been fluctuating around 3425 in the past 4 hours, with the previous candlestick showing a long upper shadow, indicating strong resistance above!
The daily chart shows that the closing price on November 12 was slightly higher than the opening price, but overall it remains in a downtrend. Several consecutive bearish candles in recent days suggest limited rebound strength, and the long-term trend remains bearish!
Short positions near 3480, continue to target 3300!