Technical Analysis: For Reference Only
Ethereum: From the 4-hour perspective, the price continues to stay above the middle band of the Bollinger Bands, indicating a healthy price trend. Support level at 1910, resistance level at 1940. Investment carries risks; proceed with caution.
News: For Reference Only
Deutsche Bank warns that due to the traditional negative correlation between the dollar and the U.S. stock market breaking down, European investors are facing significant investment losses. The dollar has failed to provide a safe haven this year as it has in the past during declines in the U.S. stock market, prompting a reassessment of unhedged dollar assets. UBS points out that doubts about the 'American exceptionalism' are shaking global investors' confidence in U.S. assets, which could lead to a massive sell-off of the dollar. This means that investors need to reassess the risk exposure of their portfolios and be wary of the potential risks of dollar depreciation.