Ethereum Viewpoint of July 9th: Currently a double top on the hourly level with a bearish crossover at a high!
MACD Special Pattern: After a significant rise 📈, the market can be categorized into two types: extreme rise 📈 and extreme fall 📉 with high-level sideways fluctuations. The time-based argument: the 1-hour double top is established + 2-hour three pin tops, requiring 40 minutes of red. If the closing price at 14:00 is below 2600, then for the high position around 2620, I have good news for the bears: you can confidently consider looking at the zero axis even though it seems far away.