7.14 Chen Fei Talks Currency

After Ethereum's market retraced to around 2938 in the early morning, the bullish momentum started to build. After testing the bottom support level, a strong upward trend formed. Currently, the Bollinger Bands are overall opening upward, and the mid-band position has formed an inverted hammer upward pattern. The MA moving averages are also clearly trending upward, KDJ is bullish and opening upward, and MACD's red momentum is slowly increasing. Therefore, it is recommended for everyone to continue with long positions after the pullback.

Ethereum (ETH)

Direction: Long

Current Price: 2965～2945

Take Profit: 3030～3060

Stop Loss: 2915

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