$ETH Monday Morning Ethereum New Ideas

Contract trading, a contest of courage and wisdom, it tests your judgment and tempers your will. According to the current market, the four-hour level of Ethereum shows that the market is in a three consecutive bullish trend, breaking through the middle track of the Bollinger Bands. However, it is currently showing signs of a pullback, with the KDJ indicator's three lines having shown a downward turn, and the three tracks of the Bollinger Bands continuing to move downwards. Therefore, the overall market sentiment remains weak. From the one-hour level, the market is alternately running below the upper track of the Bollinger Bands with small downward and upward movements. The MACD indicator's histogram is continuously shrinking above the zero axis, and the KDJ indicator's three lines have also formed a death cross pattern at this level and are extending downwards. Therefore, in the morning operation, we maintain a high short strategy.

Ethereum around 4180 can be shorted, targeting 4050.