Although ETH briefly fell below the middle track on the daily chart, there was no acceleration of the downward trend, and the price gained rebound momentum in the key support area.
Affected by news, short-term market fluctuations have intensified, with a continuous tug-of-war between long and short positions, alternating between dips and rebounds, and the market has not entered an extremely weak unidirectional trend.
The focus will be on rebound recovery in the future, and short-term strategies can continue to maintain a bullish approach flexibly.
Operation view: Buy in the range of 3890-3920, with targets looking towards 4100 and 4200.
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.
October 30 ETH Trading View
Although ETH briefly fell below the middle track on the daily chart, there was no acceleration of the downward trend, and the price gained rebound momentum in the key support area.
Affected by news, short-term market fluctuations have intensified, with a continuous tug-of-war between long and short positions, alternating between dips and rebounds, and the market has not entered an extremely weak unidirectional trend.
The focus will be on rebound recovery in the future, and short-term strategies can continue to maintain a bullish approach flexibly.
Operation view: Buy in the range of 3890-3920, with targets looking towards 4100 and 4200.