$ETH
Overall, the magnitude of the upward movement is not significant. After reaching a high of 1871 in the evening, there was a pullback, and the overall situation is relatively weak.
The bullish trend has currently slowed down. From the hourly perspective, the market experienced a significant upward stretch followed by a certain pullback. With the weekend approaching, market liquidity has worsened, but the pullback space is not very large. The market is once again testing upward. Although the current bullish trend is strong, the MACD indicator shows a top divergence pattern, and the KDJ indicator's three lines have also entered the overbought zone. Therefore, it is very likely that the market will first pull back before making a second upward test.
For weekend operations, we will first look for a pullback to adopt a low bullish strategy.