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#数字资产市场观察 Ethereum's current trend is a bit tangled. After losing the lower edge of the trading range, it is attempting to return to the range. The key is to see if it can take down the midpoint of the trading range; if it succeeds, there will be room to move up.



From the hourly chart, there are continuous appearances of doji candlesticks, and the pressure above is evident. In this consolidation pattern, there will either be a breakout with increased volume to continue the upward trend, or it will continue to grind within this range.

In terms of operation, you can consider placing short positions in the trading range of 2850-2870, with the first target being around 2760.

$ETH $BTC $XRP
ETH10.01%
BTC7.94%
XRP8.62%
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StablecoinEnjoyervip
· 10h ago
The doji has appeared consecutively, this consolidation is quite strong, it feels like it will take a while to break through again.
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OfflineNewbievip
· 11h ago
It's starting to drag on again. When will this consolidation come to an end? It's so frustrating.
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GasFeeCrybabyvip
· 11h ago
This consolidation is torture, I've placed a short order at 2850, just waiting for it to plummet.
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ser_ngmivip
· 11h ago
It's another one of those tangled markets, should I set a short order at 2850? It feels like it could be smashed easily, maybe I'll wait for a breakout before making a decision.
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