ETH9.12 evening analysis

Everyone who shorted last night must have made a fortune.

Market review: Yesterday, short sellers accelerated the decline to 1531-line support and rebounded. The currency price is currently running around 1611. Short-term short sellers at the four-hour level have temporarily stopped falling.

macd gradually shrinks the double-line dead cross state, the k-line continues to rebound, and the current k-line may turn negative and fall back on demand.

Evening analysis: The daily and weekly technical aspects are both downward, and there is a possibility of breaking the previous low. In the short term, it is expected to fluctuate and repair and then continue to fall.

Suggestion for evening operation: short near 1630, stop loss 20 points. The target is around 1580.

The financial market is ever-changing, and real-time operational guidance is welcome to pay attention and communicate.