Click the link to join the meeting: https://voovmeeting.com/p/5997677955 Course 1: Capturing Short-Term Opportunities in Bitcoin and Ethereum Course 2: Advanced Insights on SAR/Parabolic Indicator for Top and Bottom Detection Course 3: Q&A Session on Students’ and Followers’ Trading Positions ETH Technical Analysis: Last week, the market showed a weekly high of 2329, a low of 2058, and closed at 2190, rising 3.85% or $81, forming a small bullish candle with a long upper shadow. On the daily chart, after a strong bullish rebound on Tuesday, prices faced resistance near 2300 for several consecutive days. From Tuesday to Sunday, two clear bearish candlestick patterns emerged: the first is a bearish engulfing pattern, and the second is a bearish evening star pattern. Combined with the SAR top/bottom indicator we shared last week, pressure remains evident on Saturday and Sunday. The short-term rebound appears to be ending, with a higher probability of downward correction. A decisive break below 2150 could trigger another drop toward the key psychological levels of 2050 and 2000. The current price action suggests a bearish outlook today! Today’s Primary Trading Strategy: [Bearish Direction] Today’s Key Levels: Resistance at 2270–2300 / Support at 2200–2170 Strategy: The 1-hour chart is currently trading within a $50 range between 2220 and 2170. A break below 2150 targets 2100 for bearish momentum. A breakout above 2200 may offer a rebound test toward 2250–2270. The primary strategy remains selling rallies below key resistance levels. Comments and suggestions are welcome! Where are today’s short-term trading opportunities? What are the precise entry points? How do we identify optimal long/short entry timing? We’ll share real-time insights during the live stream. For more detailed trading strategies on other cryptocurrencies and to discuss your trading questions, join our Tencent Meeting live room with our instructors! Tencent Meeting ID: Please check announcements in the internal group Safew Download: https://www.safew.im/ Assistant ID: yaoyao1319 Disclaimer: The above content reflects only the personal views of the author and is intended to assist investors in understanding relevant market information. It does not constitute any investment advice, nor does it represent the official position or opinion of AiCoin. Market investments carry risks; please invest cautiously.
AiCoin Live Session: ETH Technical Analysis Suggests Short-Term Bearish Outlook
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Summary
AiCoin's latest live session highlighted a bearish trend in Ethereum, pointing to technical indicators such as a bearish engulfing pattern and a shooting star on the daily chart. The analysis suggests a short-term price decline, with key resistance at 2270–2300 and support at 2200–2170. Traders were advised to consider shorting below 2200, with a target of 2100 if the price breaks below 2150.
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