Good morning. After testing 4340 last night, the price of Ethereum has experienced another sharp and prolonged pullback, reaching a low of below 4060. The market has rebounded as expected, and the rebound is still continuing. Yesterday's strategy was repeatedly updated, and the market has basically been fulfilling its promise. Our students also achieved very good results yesterday. Today, we will also update you on our strategy and ideas based on market trends and signals.

Looking at the Ethereum four-hour chart, the price briefly tested above the middle band, but did not stabilize above it. Instead, it closed with a negative candlestick pattern and quickly fell to near the lower band. The market then continued to consolidate and decline around the lower band. The overall downward trend is strong. The four-hour chart shows a stable downward trend with a negative-enclosing-yang pattern. The MACD

energy bar continues to close negatively. Although the KDJ indicator continues to be overbought, the price rebounded quickly after testing below 4060 this morning. Strong demand for a rebound is currently evident. Looking at the short-term hourly chart, after hitting a low, the price rebounded after closing with a long lower shadow cross candlestick pattern. The three lines of the KDJ indicator formed a golden cross and then rapidly diverged upwards. The MACD fast line slowly converged towards the slow line from bottom to top, indicating that the current market is gradually sounding the horn of a counterattack. From a macroeconomic perspective, the current rebound is merely a technical correction after a sharp drop in price. Therefore, our overall bearish outlook remains unchanged. We still believe that the price will continue the current downward trend after the rebound, and we will continue to position for high-level buys on rebounds.

Short Bitcoin near 114,000, with an eye on 112,500. Short Bitcoin near 4180, with an eye on 4080$BTC $ETH #ETH质押退出动态观察 #俄乌冲突即将结束？ #币安HODLer空投PLUME