Li Shengting: Analysis of Ethereum's early morning market on February 13

Ethereum experienced an extreme spike this evening due to news. From the current point of view, Ethereum bulls showed signs of rebound again in the early hours of this morning. The current price of the currency is running in a box oscillation near 2700. From the daily technical indicators, the KDJ technical indicator, the MACD technical indicator and the BOLL technical indicator are still in a resonant decline state, and the current price of the currency is running below the MA5 daily moving average and the green TD9 is repairing the daily technical indicator. From the daily technical point of view, the bottom support is relatively strong. I personally believe that the currency price will first rebound and then accumulate strength to fall.

Judging from the 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator have obvious signs of shrinking bulls, while the BOLL technical indicator continues to run in the lower track area. The high points of the MA10-day moving average and the MA30-day moving average continue to suppress downward. At the same time, it should be noted that the lower track of the BOLL technical indicator is slowly narrowing, indicating that the bullish volume above is slowing down. Comprehensively judging from the daily and short-term lines, I personally expect that the currency price will first rebound and then continue to fluctuate and fall.

Ethereum: Short around 2680-2700. Stop loss: 2767. Target: 2620-2560#山寨季何时到来？ #加密市场回调

The above is a personal analysis of the early morning market, for your reference only