June 12th, early morning update from Erbing:
Based on the current hourly chart, the bullish momentum is strong and rapid. The BOLL bands are expanding, and the price is close to the upper band, with dominant buying power in the market.
However, the MACD red bars are continuously extending, indicating that the upward momentum may be difficult to sustain. The KDJ indicator has entered the overbought zone, suggesting that a short-term correction may occur. We continue to monitor closely. $ETH #区块链 #币圈 #行情推演
Operation suggestion: Short around 2880, protect at 2910
Target: 2800-2750
