Crypto钟良
--
Bearish
2.10 ETH Intraday View:
Ethereum's weekly candlestick closed with a long lower shadow and a large bearish candle. After reaching a high of 4109, the price was pressured by the upper band and retraced all the way down, breaking the support of the middle band, testing the support of the lower band, and rebounding at 2080. Currently, the price is located between the middle band and the lower band, but the lower band has a slight downward opening. The MACD shows increasing bearish momentum, and Ethereum has indeed been weak lately; a second bottom test cannot be ruled out before a rise, so those buying the dip don't need to rush!
The daily Bollinger Bands are opening up, with all three bands opening downwards. The high points of the rebounds are continuously decreasing; now, it just needs to push down further to open up the space below. There is a demand for a downward retracement, but the space below has not opened up. The lower band support has been continuously tested and faced obstacles, so the intraday strategy is mainly focused on short positions.
On the short-term 4-hour level, the price is being pressured by the middle band of the Bollinger Bands, testing the lower band support and rebounding. The lower band is opening downwards, KDJ has a death cross pointing down, and RSI is turning down. The intraday outlook is optimistic about continuing to open up the space below and further testing lower levels.
From the hourly chart perspective, the price broke below the lower band support in the early morning, with a double bottom test at 2518 leading to a rebound. After testing the middle band resistance, the price continued to retrace. Currently, it is oscillating and repairing around the lower band support. The MACD shows bearish energy, and KDJ's three lines are converging, forming a death cross pointing down. The intraday view remains bearish. There are opportunities for low long positions, but one should not force it. Short-term long positions can be attempted at support levels, but this is not buying the bottom! My personal suggestion is to follow the trend; short positions will be safer! #币安上线1000CHEEMS和TST $ETH
Ethereum's weekly candlestick closed with a long lower shadow and a large bearish candle. After reaching a high of 4109, the price was pressured by the upper band and retraced all the way down, breaking the support of the middle band, testing the support of the lower band, and rebounding at 2080. Currently, the price is located between the middle band and the lower band, but the lower band has a slight downward opening. The MACD shows increasing bearish momentum, and Ethereum has indeed been weak lately; a second bottom test cannot be ruled out before a rise, so those buying the dip don't need to rush!
The daily Bollinger Bands are opening up, with all three bands opening downwards. The high points of the rebounds are continuously decreasing; now, it just needs to push down further to open up the space below. There is a demand for a downward retracement, but the space below has not opened up. The lower band support has been continuously tested and faced obstacles, so the intraday strategy is mainly focused on short positions.
On the short-term 4-hour level, the price is being pressured by the middle band of the Bollinger Bands, testing the lower band support and rebounding. The lower band is opening downwards, KDJ has a death cross pointing down, and RSI is turning down. The intraday outlook is optimistic about continuing to open up the space below and further testing lower levels.
From the hourly chart perspective, the price broke below the lower band support in the early morning, with a double bottom test at 2518 leading to a rebound. After testing the middle band resistance, the price continued to retrace. Currently, it is oscillating and repairing around the lower band support. The MACD shows bearish energy, and KDJ's three lines are converging, forming a death cross pointing down. The intraday view remains bearish. There are opportunities for low long positions, but one should not force it. Short-term long positions can be attempted at support levels, but this is not buying the bottom! My personal suggestion is to follow the trend; short positions will be safer! #币安上线1000CHEEMS和TST $ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
381
0