9.11 Ethereum midday market analysis and operation ideas
This morning, the Ethereum price rebounded to around 2400, and then fell under pressure. From the perspective of daily technical indicators, the rebound strength in the morning touched the upper strong pressure and then fluctuated and fell. From the perspective of technical indicators, a certain technical gap was repaired, and then it began to fluctuate and fall. At present, the KDJ technical indicator bulls are slowly shrinking, and the MACD technical indicator cooperates with DIF and DEA to have a slight downward trend. From the current point of view, this round of rebound in the morning means the end, so today's short-term recommendation is mainly to rebound and short.
From the perspective of 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator continue to weaken in the ultra-short term, and the BOLL technical indicator continues to weaken and decline. At present, the currency price has not successfully stabilized above the MA5 daily average line, but has fluctuated downward. From the overall point of view, the bullish rebound this morning hit the pressure and then fell rapidly, indicating that there is a very strong selling pressure above. At the same time, the pressure of the MA30 daily average line has increased. From here, it can also be judged that the shorts are continuing to increase their chips. At present, the ultra-short MA5 daily average line is also out of the red TD1 short-selling signal again, so the currency price will most likely fluctuate and fall today. The trading idea is recommended to focus on high altitude.
Ethereum: Shorting near 2340-2375, stop loss: 2413, target: 2280-2250
Bitcoin: Shorting near 56400-56800, stop loss: 57500, target: 55600-54800