From the overall trend, the big cake shows a fluctuating bearish trend, with the bearish sentiment gradually gaining strength. Currently, the market remains under pressure and is constantly testing lower levels, with short-term support located near the five-day moving average. If the price breaks below this support area during the day, it is highly likely that the market will continue to retrace and test the middle line of the daily Bollinger Bands. Meanwhile, the four-hour Bollinger Bands are gradually narrowing and have broken below the middle line. If there is no effective rebound to break above the middle line, the trend of fluctuating downwards is expected to continue, and it is recommended to sell high and buy low!
Trading Suggestions:
Big cake near 107700-108000 to sell Target 106700 Stop loss 108200
Ethereum near 2435-2450 to sell Target 2390 Stop loss 2455 #币圈现状 581
