Li Shengting: Analysis of Ethereum's early morning market on 2.10
Judging from the daily technical indicators of Ethereum, the KDJ technical indicator and the MACD technical indicator are in a stage of adjustment with shrinking volume. The entire track of the BOLL technical indicator is in a downward breaking state, and the downward track continues to open, but the opening amplitude is not large. The three-day MA moving averages continue to fall in varying degrees of short positions. At present, the price of Ethereum is still running below the MA5-day moving average. Judging from the current rebound strength, the price has not been able to effectively break through the upper MA5-day moving average. According to the current technical trend, the price will most likely continue to fall in large volume. Of course, we need to pay close attention to the technical update at 8 o'clock this morning.
From the 4-hour technical indicators, the KDJ technical indicators, MACD technical indicators and BOLL technical indicators are all in the resonance decline stage, and the ultra-short MA three-day moving average continues to be arranged in a short position. Although there is a rebound in the evening, it is likely to be a trap for more. At the same time, there is a divergence signal. Therefore, my personal opinion remains unchanged in the early morning and morning of today. It is recommended to continue to focus on rebound shorting.
Ethereum: Short around 2630-2665, stop loss: 2708, target: 2550-2500
The above is a personal analysis of the early morning market, for reference only #币安Alpha上新 $ETH