$ETH
The current price is in a weak pullback trend, running at 3039.75 below the middle band of the Bollinger Bands. In the short term, the bearish signals from the black three soldiers, top distribution signals, and the downward movement of KDJ indicate a bearish outlook, possibly seeking support at the lower band of the Bollinger Bands at 3033; although the MA30 is slightly strong in the medium term, the price has been consistently below it, so we need to see if the bears can maintain their strength and establish themselves above the middle band to hope for an upward movement.
From a technical perspective, the K-line shows bearish signals, with the trading volume converging during the pullback, MA7 acting as resistance, and KDJ indicating a short-term adjustment, while the Bollinger Bands show weakness.
Potential buying point at 3033, stop loss at 2995; selling point at 3090, stop loss at 3095. It is advised to hold off for now, focusing on the 3033 support level. If it fails, it may drop to 2902.80, so short positions need to control risk.
Strong recovery, asset doubling! Stay close to rainy days, plan ahead, and easily reap significant profits.
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