$ETH
The second pancake (二饼) at 1775 has become a key position in the short term above
In comparison to the first pancake (大饼), the second pancake is very weak. The Bollinger Bands on the daily level are gradually narrowing and operating in balance. The K-line has been trying to break through the upper band for three consecutive days,
Today, the intraday high reached around 1889, but faced resistance from the upper band and fell back to around 1750 for consolidation. On the four-hour level, pay attention to the naked K pressure level at 1775. If this level does not break and stabilize,
Then it will continue to test the lower support level: the hourly level auxiliary indicators are running at the 0 axis with a dead cross. Once broken, there is a high probability that Ethereum will fall below 1700 to around 1680.
Today's strategy
Below 1775: control 32 points: target 50 points to reduce positions and observe the downward momentum later
Above 1680: control 27 points: target 50-70 points
Everyone please manage accordingly
