On Saturday afternoon, regarding Ethereum, the daily line closed with a bearish candle yesterday,
The K-line pattern is consecutive bearish, with the price below the moving averages,
The indicators in the subchart are showing a golden cross with reduced volume,
The overall trend of ups and downs is still quite obvious,
The previous corrective rise
is also to lay the foundation for a second decline,
This point is very clear,
Therefore, we still maintain a bearish outlook;
The support level to watch below is around the 1750 area;
In the short-term hourly chart, the price fell below the previous low point yesterday, with morning support bouncing back for correction, currently the K-line pattern is consecutive bullish,
The indicators in the subchart are showing a golden cross, which needs to be corrected intraday,
The pressure point for the correction high is around the 1920 area,
In terms of operational strategy, we still focus on short positions!
Therefore, for short-term trading, in the afternoon, if Ethereum rebounds in the 1920-1950 range, directly short it, with the target looking towards the 1850-1750 area. If it breaks, continue to watch for continuation!
In facing the market, we must follow the trend, assess the situation, and not be blindly stubborn! Wishing everyone all the best, always here, great market sense, those who understand will understand! $ETH #加密市场回调 #美国加征关税 #巨鲸动向
