In the past 24 hours, Bitcoin has fallen by 1.08%, while Ethereum has seen a larger decline of 1.82%, and the entire altcoin zone has not been spared either. The total market capitalization of Crypto Assets has shrunk by 1.36%, currently standing around $2.96 trillion, with no clear signs of a stop to the current adjustment momentum.



From a technical perspective, this wave of decline has actually presented quite a few layout opportunities. On the Ethereum side, I plan to start considering a long position at the 2900 level, with a corresponding stop loss set at 2850, and a preliminary profit target set at 2960. However, trading requires flexible adjustments to strategies based on actual market movements, and cannot be rigid.

In the short term, the market may still experience some fluctuations, and the trends of mainstream coins like BNB are also worth paying attention to. Instead of blindly chasing highs and selling lows, it is better to find suitable entry points for steady operations.
BTC-0.25%
ETH0.16%
BNB0.11%
View Original
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
DAOdreamervip
· 13h ago
It fell again. Why does this wave feel endless?
View OriginalReply0
InfraVibesvip
· 13h ago
It fell again, and this time Ether is quite fierce, dropping by 1.82% just like that. The 2900 point is indeed worth watching, just see if it can hold up.
View OriginalReply0
SchrodingersFOMOvip
· 13h ago
It has fallen again, this wave is really decisive, and I feel the bottom signal hasn't arrived yet. The 2900 position is indeed tempting, but I'm still waiting to see. Altcoins are all following suit, which is the worst part. Really, compared to momentum investing, it’s better to calmly look for opportunities. I think this guy is right. Is that the pullback range for Ether? I originally thought it could reach 2800.
View OriginalReply0
gas_fee_traumavip
· 14h ago
It has fallen again, it’s always like this. However, 2900 is indeed quite interesting, just don’t know if it can hold above.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)