Whale Trader’s Perspective

Ethereum is currently fluctuating around the 2275 level. Although this is a precise support level, it has been locked in by large traders with orders, making a quick bounce or rebound highly unlikely; the probability of a false breakout is very high. Recently, ETH has been dominated by bears, with support levels repeatedly tested. Attempting to trade the same level twice can easily be exploited by large traders using trap setups to dump the price, so avoiding this area is the best strategy.
The converging triangle has broken down, indicating a bearish trend!
#加密市场观察