[7.8 Ether Trend Analysis]
K-line pattern: The price has shown an obvious downward trend recently, especially the sharp decline starting from July 5. Within the 4-hour period, there were multiple alternations of long negative lines and short positive lines, showing that the market was under heavy selling pressure.
Technical indicators: MACD continues to be in the negative zone, and both DIF and DEA diverge downward, indicating strong short strength.
Trading volume: Daily trading volume reached a peak on July 5 and then gradually decreased, but still maintained a relatively high level, showing high market activity. Within the 4-hour period, the trading volume increased significantly on the 8th, corresponding to the large price fluctuations, indicating that there was a large number of trading activities during this period.
Comprehensive suggestions for the day:
Empty: 2990-3020 Target: 2860-2800 Defense: 3050
Multi: 2800-2820 Goals: 2880-2930 Def: 2770
Personal point of view, only for reference! #德国政府转移比特币 #BTC走势分析 ##ETH🔥🔥🔥🔥