7/11 The market continues to fluctuate
"The market situation is changing rapidly, the key lies in how we grasp it"
Good evening everyone, I am the cat god
Ethereum began to fall back to around 1870 at 5 o'clock in the morning today. Due to the unstable position above, yesterday's surge did not effectively break through. Currently, Ethereum continues to weaken from the hourly line, MACD is heading downwards with heavy volume, and KDJ The third line is downward. If this hourly line closes another negative column, then we should pay attention to the support level of 1850. The Bollinger Bands contraction on the 4-hour side was opened in the morning. The currency price failed to move down the track under the support of the middle track, and went down a weak trend. We will wait for the closing line at 8 o'clock to see if there will be a rebound. Pay attention at the top 1880. For the oscillating market, we can just focus on the low-long-high-altitude thinking.
