Market analysis -#ETH$ETH
The two-day up and down spikes in the past few days, plus the moving averages sticking together and diverging downwards before the plunge last night, this is a very standard short-selling pattern. Just go in with a short position with a profit and loss ratio of more than 2.5 times before going to bed.
At present, the daily line has basically confirmed that the rising wave has ended and returned to the vicinity of the 7.12 starting point, and will test the MA210 support (3149) again
However, the recent direction has changed from long to short too quickly, so we still need to be vigilant about rapid pullbacks during the day.