Analysis and operation ideas of Ethereum early morning market on August 19

After the rebound strength of Ethereum rose to around 2688 during the day today, it began to fluctuate. From the perspective of daily technical indicators, there has not been much change. The KDJ technical indicator is still in a state of oscillation and downward movement, and the MACD technical indicator bulls continue to shrink. The BOLL technical indicator runs on the middle track, but it does not produce linkage with the bulls. At the same time, the MA5-day moving average and the MA10-day moving average are still in a coordinated downward posture, and the high point MA30-day moving average is also continuously suppressed downward.

From the perspective of 4-hour technical indicators, the long volume of KDJ and MACD indicators has been strengthened, but the MA10 and MA30 daily moving averages still maintain a downward pressure, while DIF and DEA continue to suppress downward. It is very strange to pull the market during the day. At the same time, from the weekly line, KDJ and MACD indicators still maintain short volume, and the BOLL technical indicator is also weakening. According to the technology, it is definitely falling. From the overall point of view, although the currency price stands above 2600 again, from the perspective of the monthly and weekly lines, today's rebound is likely to pave the way for Monday's decline, so the operation ideas in the early morning and morning remain unchanged, and it is recommended to focus on rebound shorting.

Ethereum: Shorting near 2660-2685, stop loss: 2737, target: 2600-2550

Bitcoin: Shorting near 59700-60300, stop loss: 61000, target: 58800-58000#BTC #ETH $BTC $ETH