10.27 Chen Fei Talks Coins
The weekend market showed overall fluctuations, touching around 2508 before being pressured again. Currently, technically, it has reached the mid-band of the Bollinger Bands, where there is a clear support level. However, the price trend remains bearish, with the MA moving averages also pushing downwards. The KDJ indicator is showing a downward trend, and the MACD's red momentum is also shrinking. Therefore, it is suggested to take a short position for now.
Ethereum (ETH)
Direction: Short Position
Current Price: 2490～2510
Take Profit: 2440～2420
Stop Loss: 2530
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