Currently, Erbing is at 3227 and still consolidating sideways. Tonight is likely to be mainly volatile downward movement. However, it is important to note that the 30-day moving average on the daily chart, if broken tonight, will accelerate the decline.
The current market is clearly dominated by bears. For intraday trading, it is recommended to focus on short positions.
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.
Little Genius: Erbing's Evening Strategy
Currently, Erbing is at 3227 and still consolidating sideways. Tonight is likely to be mainly volatile downward movement. However, it is important to note that the 30-day moving average on the daily chart, if broken tonight, will accelerate the decline.
The current market is clearly dominated by bears. For intraday trading, it is recommended to focus on short positions.
Short around 3230, with a target of 3100#ETH