Mainstream currency market analysis
The pie touched above 43,000 and then stepped back. The low reached near 42,000, which was completely consistent with my prediction of a decline yesterday. This kind of market has not been rising for a long time, but it still lacks momentum. The daily line has never broken the middle track of the Bollinger Bands. The MACD indicator has opened downward and is near the zero axis. KDJ has no sign of turning. The general trend is still short. It is currently in a downward adjustment state. It is recommended The market is empty near 42500, and the target is 41500-41000-40000.
The strategy given by Ethereum yesterday was to go short near 2600. Looking at the vicinity of 2500, the market basically went beyond the prediction and made huge profits. The market did not rebound after falling. At this stage, it is still oscillating around 2500. The daily indicators MACD and KDJ are at the top divergence. The market outlook continues to be bearish. It is recommended to go short around 2520-2540 and target 2450-2400.
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