#杰克逊霍尔会议

8.21 Morning Market Overview: $ETH ETH 4H Volume-Price Divergence Top Divergence

ETH 4H has shown volume-price divergence and top divergence, and the market is generally bearish; although there was a V-shaped rebound yesterday, today’s daytime session shows divergence with a bearish market; tonight, there will also be a speech by Federal Reserve Chairman Powell to decide whether to cut interest rates by 25 basis points next month, at 2 AM Beijing time tomorrow

ETH is in a descending wedge pattern. Only by breaking through the resistance and the resonance point of the trend line at 4383 will it continue to rise and break through the channel; otherwise, it will continue to oscillate back and forth within the channel; waiting for the ETH entity to break below 4250 without retracing to short in accordance with the trend, with a stop loss at 4285, and targets at 4311 and 4380; low buy positioning at 4030, with a stop loss at 3980, and targets at 4100 and 4162

Friends passing by, please give a follow as the greatest support for me! Thank you very much! Follow me so you won’t get lost; I provide you with the latest news and point analysis every day, as well as the wealth codes you want. Remember to hit follow and like it!