ETH
1. The volume is increased, but the K-line price has not risen sharply. The volume and price are generally coordinated. In the end, we need to pay attention to the trading volume and beware of the divergence between volume and price
2. The low point position coincides with the Fibonacci 0.5, 4.12 starting point of the decline and the chip concentration area, which can be regarded as a short-term low point support
3. In terms of form, pay attention to whether the middle track of the channel 3850 can be broken through during the day. If it breaks through, the probability of pointing to the upper track of the channel near 3980 is high, otherwise it will fall into adjustment
Pay attention to the trumpet and high diamond in potential patterns. Both patterns often appear at high levels, indicating bearishness - short-term positives have landed. In the macro aspect, the Fed's postponement of interest rate cuts is bearish.
4. The KD indicator has a high top divergence, and the technical side tends to adjust. Since MACD is still in the bullish area, the technical correction does not mean a downward trend.
Trading strategy: Sell high and buy low in the 3650-3950 range
Tip: Currently in the high adjustment, the specific point is difficult to grasp. Pay attention to the key support and resistance in the given price range to facilitate stop loss setting. It is recommended to wait and see in the middle area.
The above views are for reference only. Pay attention to risk and position control.