After the market reversed, it was pressured from above, fell back, and then sought support. This can also be understood as a process of building momentum. Like the current decline, the continuity is still relatively poor, and the overall trend is still in an upward structure. We can see at the four-hour level that the third line of the Bollinger Bands is opening and running slightly upward, and the energy column of the bulls has shrunk. The price is currently consolidating at a high level above the middle rail. The middle rail has formed a gradual upward trend, and the third line of KDJ is running slowly. Although the price comparison continues to trade sideways, this is paving the way for subsequent gains. In the short term, I personally believe that it is still a weak correction after an upward surge. Although there is a certain downward trend, we will continue to maintain a bullish thinking before it falls below the strong support below.
Personal operation suggestion: The market will move directly in the 27800-27600 area, and look at 28300-28800 to break through and look at 29000.
The Ether 1900-1880 area is direct, look at 1920-1935