5.13 Chen Fei Talks Coins
The Ethereum market, after reaching a high point near 2600, has seen bearish momentum start to take effect, forming a comprehensive downward trend. Currently, a four-day consecutive downward trend has formed, and the Bollinger Bands are overall moving downward. The middle track and the MA moving average are also clearly moving downward. The KDJ is showing a downward opening for the bulls, and the MACD bearish trend is also showing significant volume expansion. Overall, the daytime market is obviously bearish, and it is recommended to operate with short positions in line with the trend.
Ethereum (ETH)
Direction: Short positions
Current price: 2460～2480
Take profit: 2390～2350
Stop loss: 2520
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