7.29 Ethereum early morning market analysis and operation ideas

From the perspective of daily technical indicators, the KDJ technical indicator and MACD technical indicator are both in a state of short-term resonance decline, and the BOLL technical indicator is running in the middle track area while slowly rising. The MA three-day moving averages are arranged in different degrees of short positions. At the same time, the high point MA30-day moving average still produces a strong suppression sentiment. From the perspective of comprehensive daily technical indicators, the trading ideas in the early morning and early morning remain unchanged, and it is recommended to still focus on rebound shorting.

From the 4-hour technical indicators, the KDJ technical indicators and MACD technical indicators are both in a state of oscillation and downward movement, while the ultra-short-term BOLL technical indicators continue to open downward. At the same time, the entire track is also in a stage of oscillation and downward movement. Although the ultra-short-term MA5-day moving average continues to strengthen, the MA10-day moving average continues to be suppressed by the decline. At the same time, the current coin price has also broken down to the MA5-day moving average and a red TD1 decline signal has appeared, so the trading ideas in the early morning and early morning remain unchanged

Ethereum: short selling near 3260-3300, stop loss: 3344, target: near 3200

Bitcoin: short selling near 67800-68400, stop loss: 69000, target: 65800#BTC #ETH $ETH

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