Yesterday's article said that after hitting 2700, it will continue to hit 2700 after falling back to the support below 2630. It can be seen that the highest level in the past 24 hours hit the 2700 mark again. At 9:45 am Beijing time before the release of the article, the current price of Ethereum was 2630, just standing at the EMA60 trend line 2635 mark. It fell below EMA60 after hitting the high and EMA30 and 15 are closing. The bullish trend is still there. After the MACD volume-upward bottom divergence trend ends, DIF and DEA enters polarization, high sideways trading is inevitable, after sideways trading, it is a choice of direction, whether it is long or short, don't guess now, just take precautions
Especially after the three positions of 2220, 2330 and 2400 are deployed, you must be prepared for retracement and profit-taking, the upper resistance point of the Bollinger band is 2665, the high-level diffusion of KDJ is blocked and sideways trading at a high level, the daily K-line shows an upward flag indicator, and the flag support point is near 2550, you can focus on it, as long as 2620 cannot be held, there is a high probability that Further bottoming out and absorbing funds
The four-hour K-line has three consecutive negative lines, stepping back on the EMA15 trend support point of 2615, and paying attention to the next support point of 2565. The MACD top diverges and shrinks downward, and the DIF and DEA form a dead cross at high levels, which further indicates that the short-term bearish trend is coming. In addition, the current K-line is testing the Bollinger Band middle track support of 2600, and the dead cross trend of KDJ. The general trend turns to bullish, and there is a short-term retracement. In terms of thinking, you can wait for the opportunity to go long after the bottoming out
Reference for short-term thinking: Remember The market is not 100% so you must set a stop loss. Safety is the first priority. Small losses and big profits are the goal.
Lower 2550 to 2580 long, defense 2500 to cover long positions, stop loss 40 points, target 2600 to 2650, break to see 2700 to 2750
Above 2700 to 2730 short, defense 2770 to cover short positions, stop loss 40 points, target 2650 to 2600, break to see 2565
