Crypto Circle Academician: Short-term bearish on Ethereum at 8.3, the main force may create another rebound! Latest market analysis reference and operation suggestion analysis

Ethereum current price 3455, after breaking the golden 0.786 Fibonacci retracement level 3525 yesterday, it has been operating below the retracement line. EMA30 trend support to watch at 3372, MACD has been continuously reducing volume and accumulating, bearish momentum is strengthening, DIF and DEA are expanding downward at high levels, the upper Bollinger band has broken below 4050, the middle band resistance level to watch is 3605, and the lower band support level to watch is 3160. The short-term main bearish thinking does not exclude the possibility that the main force may fake a move and turn back again, so if the retracement breaks the retracement line, it is recommended to take profits for the bears; if it does not break, it can continue to move south.

The four-hour K-line has broken below the EMA trend indicator, currently the resistance level to watch is EMA120 at 3527, MACD bottom divergence has formed, volume is decreasing, bearish momentum is weakening, DIF and DEA are expanding downward, after the Bollinger band opens, the upper band has broken the highest point of 3940 and has come down to 3935, the lower band support reference is 3385. Aggressive traders can try short-term longs at the current position, while conservative traders should wait for confirmation of the rebound signal before positioning, temporarily focusing mainly on short positions and supplemented by long positions.

Short-term reference: Safety first, remember that the market is never 100% certain, so always set a stop loss. Safety first, small losses and large gains are the goal.

Northern test entry point 3300 to 3250, defense at 3200, stop loss 50 points, target looking at 3350 to 3400, if broken look at 3450 to 3500.

Southern test entry point 3500 to 3550, defense at 3600, stop loss 50 points, target looking at 3450 to 3400, if broken look at 3350 to 3300.

Specific operations should be based on real-time market data. For more information and details, you can consult the author. The article publication may have delays, suggestions are for reference only, risk is self-borne #ETH合约 #ETH走势分析 #ETH(二饼)