How to view the second cookie on Sunday?

1. Technical Signals:

The daily EMA is still dominated by the downtrend, and the MACD has formed a dead cross below the zero axis. If the price cannot stabilize above $1820, it may continue to move south.

The 4-hour EMA15 support is at 1780; if it breaks, it may accelerate downward to 1740, forming a bearish pattern of 'breaking after consolidation'.

2. Market Sentiment

Recently, whales have been making large-scale moves, reflecting a strong expectation for short-term fluctuations.

Surge in downtrend: The proportion of open shorts has reached 62%, intensifying market speculation.

3. Recommendations

Short from 1840-1860, targeting around 1780-1730. #eth