7/10 Will the oscillation end on Monday?
"The market situation is changing rapidly, the key lies in how we grasp it"
Good evening everyone, I am the cat god
After two days over the weekend, the price of Ethereum has been oscillating around 1860. Currently, from the hourly perspective, the Bollinger Bands have severely contracted, and the MACD is heading downwards with heavy volume, which does not have much reference significance. The 4-hour line is also synchronized. In the short term, the general direction is still aligned with the bulls, but the 4-hour line is very weak, and there will be a downward trend in the short term. The support below is the 1845 position. If it still oscillates, then this position is still relatively strong. of. During the day, we can just focus on the low-long thinking.
Operation suggestion: long near 1855-1860, stop loss 30 points, target 1880-1900