The Silk Road is so precise, this point reached is of course a direct short
Entering at 2540, lowest at 2500, 40 points of space
From a technical perspective, the 4-hour moving average system is showing a downward resonance, with MACD and KDJ diverging downwards at low levels, indicating that bearish forces are dominant;
The hourly line is oscillating downwards, with a short-term trend leaning bearish.
In terms of operations, it is recommended to primarily adopt a high-selling strategy, and to look for short-selling opportunities near the resistance levels of the moving averages during any rebounds.
Short in the range of 2510-2540 for Ethereum, with a target of 2400; if it breaks, then look at 2200, with strict defensive measures in place.
The hourly line is oscillating downwards, with a short-term trend leaning bearish.
In terms of operations, it is recommended to primarily adopt a high-selling strategy, and to look for short-selling opportunities near the resistance levels of the moving averages during any rebounds.
Short in the range of 2510-2540 for Ethereum, with a target of 2400; if it breaks, then look at 2200, with strict defensive measures in place.
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ETH
2,524.47
+1.82%