7.8 The Ethereum/Bitcoin shorting idea publicly deployed on the entire network has been verified again. Ethereum gave a split shorting around 2970-3015. The layout rebounded to the 3000 line in the early morning of today and successfully reached the entry point. The current coin price has touched the 2895 line at its lowest, successfully taking nearly 80 points of space. Bitcoin was shorted around 57300. The current coin price is running at 55300, successfully reaching the target position and taking nearly 2000 points of space#BTC #ETH $ETH
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LIVE李聖庭win
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Bearish
Analysis of Ethereum's early morning market and operation ideas on July 8
Today, the price of Ethereum rose to around 3080 and then fell under pressure. Then the price began to fluctuate downward. From a technical point of view, there is a certain selling pressure on the top. From the perspective of the daily technical indicators of Ethereum, the KDJ technical indicator and the MACD technical indicator are in the stage of continuous short-selling, and the BOLL technical indicator is running in the lower track area. The MA moving averages are arranged in a short-selling pattern. Therefore, judging from the daily technical indicators alone, it is definitely biased towards the short position to a certain extent.
From the 4-hour technical indicators, the three lines of the KDJ technical indicator turned downward, the DIF technical indicator in the MACD technical indicator continued to weaken again, and formed a bottom cross. The price of the currency in the ultra-short-term BOLL technical indicator continued to turn downward and weakened. At the same time, the MA10-day moving average and the MA30-day moving average continued to press down. At present, the ultra-short-term currency price has also fallen below the MA5-day moving average and is a red TD1 falling signal. Therefore, our operation strategy in the early morning is mainly based on rebound short selling
Ethereum: 2970-3015 near the first-line split short selling stop loss: 3067 target to; 2920-2860
Bitcoin: 56800-57300 near the first-line split short selling stop loss: 57800 target to: 56000-55300#BTC #ETH $ETH
Today, the price of Ethereum rose to around 3080 and then fell under pressure. Then the price began to fluctuate downward. From a technical point of view, there is a certain selling pressure on the top. From the perspective of the daily technical indicators of Ethereum, the KDJ technical indicator and the MACD technical indicator are in the stage of continuous short-selling, and the BOLL technical indicator is running in the lower track area. The MA moving averages are arranged in a short-selling pattern. Therefore, judging from the daily technical indicators alone, it is definitely biased towards the short position to a certain extent.
From the 4-hour technical indicators, the three lines of the KDJ technical indicator turned downward, the DIF technical indicator in the MACD technical indicator continued to weaken again, and formed a bottom cross. The price of the currency in the ultra-short-term BOLL technical indicator continued to turn downward and weakened. At the same time, the MA10-day moving average and the MA30-day moving average continued to press down. At present, the ultra-short-term currency price has also fallen below the MA5-day moving average and is a red TD1 falling signal. Therefore, our operation strategy in the early morning is mainly based on rebound short selling
Ethereum: 2970-3015 near the first-line split short selling stop loss: 3067 target to; 2920-2860
Bitcoin: 56800-57300 near the first-line split short selling stop loss: 57800 target to: 56000-55300#BTC #ETH $ETH
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