9.2 Ethereum Evening Market Analysis and Operation Ideas
Ethereum monthly and weekly lines have both been updated. From the weekly technical indicators, the current price is running below the MA5-day moving average and forming a red TD7 with a short position. The MA5-day moving average and the MA10-day moving average continue to press down. At the same time, the KDJ technical indicators and MACD technical indicators are in a volatile decline stage, but from the weekly line, the strength of this round of decline has weakened.
From the perspective of daily technical indicators, KDJ technical indicators and MACD technical indicators are in the stage of short-term shock and decline, BOLL technical indicators are running on the lower track and are in a slow downward state overall, MA three-day moving averages are still in the stage of forced suppression by shorts, and the decline of MA5-day moving average has been strengthened. Therefore, based on the daily and weekly lines, our operation strategy today is mainly based on rebound short selling
Ethereum: short selling in the area around 2520-2545, stop loss: 2576, target: 2460-2380
Bitcoin: short selling in the area around 58400-58800, stop loss: 59500, target: 57600-56800#BTC #ETH $ETH
