The market and funds for $ETH ETH tell two stories, and you need to listen carefully to understand which one.
• MA5 has broken below MA20, indicating that the short-term trend has weakened.
• 24-hour increase +0.1%, funds are pushing upwards.
Bearish scenario: Wait to enter after losing 2013.46, do not guess the top at the upper edge of the range.
Lower target: First look at 1989.31, then at 1969.17.
Bullish/reverse scenario: If the close stabilizes above 2019.51, and there are signs of an increase in OI, it is safer to go long.
In summary: Closing above 2019.51 is the line where bears fail; before that, look for shorting opportunities on pullbacks.
$NOM $ONT