5.15 Chen Fei Talks Currency
Ethereum market is slowly declining today. After the market hit around 2515, it has currently rebounded to around 2560. The Bollinger Bands are starting to open, and both the middle track and MA moving averages are also trending downwards. The bearish trend is gradually becoming evident, with the KDJ indicator touching the top position and the MACD showing a clear bearish trend with increasing volume. Currently, it seems the market has rebounded to a high point, so it is recommended that everyone can continue to operate short positions on the rebound.
Ethereum (ETH)
Direction: Short position
Current price: 2575～2600
Take profit: 2510～2480
Stop loss: 2625
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