Is there still hope after the ETH crash? Three major indicators singing a bearish tune 📉
I’m Arthur, how to describe today’s market? It’s like when you just opened a red envelope and found only 0.66, leaving you with just two words: disappointment 💔
The ETH price has continuously broken through multiple support levels, and it looks like the “drop that even mom won’t recognize” trend is directly on! Currently, the EMA(13) is pressing down, the MACD bars are as red as a fully revived vampire, and the BOLL lower band is still being violently breached.
📊 Let’s break down the three major technical indicators:
- EMA downward pressure **accelerating**, the market is sliding down like on a slide;
- **MACD death cross with soaring red bars**, the bears are in high spirits;
- **Bollinger lower band being pulled to the pants leg**, if it doesn’t rebound, that’s really hard to explain.
📌 Reference points:
- Support at 1545, watch for signs of a stop in decline;
- A break above 1745 would provide a short-term stabilization opportunity;
- If the rebound doesn’t happen, don’t hesitate, the stop-loss point at 1520 is crucial.
Brothers, are you in the “watching with no position” camp, or the “ready to buy the dip” group? Share your views in the comments!
**I’m Arthur, follow the comments, the top team’s free consulting channel is open to you, serving only the ambitious madmen. $BTC #加密市场回调