8.15 Ethereum midday market analysis and operation ideas

From the perspective of Ethereum's daily technical indicators, KDJ technical indicators and MACD technical indicators are still in a strong stage, but the upward momentum continues to weaken, and the BOLL technical indicator is still in a state of suppression and downward movement, but the MA5-day moving average and MA10-day moving average show a slight downward turning sign, and the high point MA30-day moving average continues to show a downward pressure. The daily technical indicators of Bitcoin next door are very weak, and the KDJ technical indicators and MACD technical indicators show a dead cross resonance decline. The BOLL technical indicator is on the right track and the strength has increased. At the same time, the decline of the MA5-day moving average is relatively obvious. At the same time, the current price of Bitcoin has fallen below the MA three-day moving average, and it is in the red TD4 short position for expansion. On the whole, Ethereum will be driven by the decline of Bitcoin today.

From the 4-hour technical indicators, the KDJ technical indicator is directly in a dead cross, the MACD technical indicator is also in a shrinking state, and the ultra-short MA three-day moving average is in a sticky downward state. From a short-term perspective, it is definitely a one-sided decline.

Ethereum: 2620-2655 near the first line of short stop loss: 2693 target to: 2550-2500

Bitcoin: 58400-58800 near the first line of short stop loss: 59500 target to: 57400-56800#BTC #ETH $ETH

$BTC