3.30 Intraday trend analysis of market trends

After placing a short order at 3580 yesterday, it also began to test the support below and stepped back in the afternoon, successfully breaking through to the 3480 line, and the short order also successfully reached near the profit-taking target.

Judging from the four-hour trend today, the market fluctuations are still in an extended trend. Recently, a wave of bearish cannons has also formed. Yesterday's retracement tested the Bollinger rail and formed a small recovery. The MACD green column kinetic energy continues to increase. Overall, it is still In a short position, from the hourly line, MACD forms a golden cross at the bottom, but the bulls have insufficient capacity and the upward momentum is small. The focus above today is on the 3550 line. In terms of operation, it is recommended to focus on high altitude.

ETH operation suggestions

Place empty orders near 3535-3550 and target around 3480-3440

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