ETH
Started rallying at 10 PM in the evening, attempting to probe upward toward 3300, but the bullish momentum is not very strong and failed to hold above 3300
Insufficient bullish strength, subsequent price action likely to continue consolidating at high levels, range 3260~3300
Resistance: 3300
Support: 3200
Strategy: Short bias, open short positions near 3300, if price continues to rise to around 3365 can add positions at 1:1/2/3 ratios, stop loss on effective break above 3400, take profit at 3200
Started rallying at 10 PM in the evening, attempting to probe upward toward 3300, but the bullish momentum is not very strong and failed to hold above 3300
Insufficient bullish strength, subsequent price action likely to continue consolidating at high levels, range 3260~3300
Resistance: 3300
Support: 3200
Strategy: Short bias, open short positions near 3300, if price continues to rise to around 3365 can add positions at 1:1/2/3 ratios, stop loss on effective break above 3400, take profit at 3200




