Wednesday Market Analysis

The daily MACD remains in the negative territory, indicating that the medium to long-term bearish trend has not fundamentally changed.

However, it is evident that there have been two consecutive bearish candles followed by two bullish ones on the four-hour chart, with an overall trend this morning being a dip followed by an upward movement.

The current rebound appears more like a technical recovery after an oversold condition rather than a trend reversal, with the market still predominantly bearish.

Yesterday, I didn't have time to tell everyone to exit the long position at 1895 for Ethereum; the moment at 9:30 PM was too quick. After notifying the community, I also didn't manage to exit. Currently, it is still profitable; I might exit now and wait for today's trades.