6.24 The Ethereum/Bitcoin short-selling idea of the whole network's public layout perfectly reached the target point. The Ethereum short-selling idea of 3475-3515 given in the early morning was perfectly verified. The lowest point fell to 3397 in the early morning, successfully reaching the target point, and taking 75 points of space. Bitcoin was shorted at 64000-64500. The lowest point in the early morning of today touched 63500, taking 500 points of space. #BTC #ETH $ETH
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Bearish
6.24 Ethereum early morning market analysis and operation ideas
Ethereum price has been in a narrow range of fluctuations over the weekend. At the same time, the weekly line closed negative this week, and the price may continue to weaken next week. Therefore, in terms of trading, don't be too greedy, and make steady profits.
From the perspective of Ethereum's daily technical indicators, the three lines of the KDJ technical indicator turned downward, the MACD technical indicator was in the stage of short resonance downward, and the BOLL technical indicator was in a continuous weakening stage. The current price of Ethereum is also running below the MA5 daily average line, and the high point MA30 daily average line is also continuously weakening. Overall, the trend is still dominated by shorts.
From the 4-hour technical indicators, the KDJ technical indicator continues to shrink in long positions, the DIF in the MACD technical indicator shows a dead cross pattern, and the BOLL technical indicator continues to press down. Ethereum is currently in a red TD1 downward trend, so the trading ideas remain unchanged in the early morning and morning today. It is recommended to continue to focus on rebound shorting.
Ethereum: 3475-3515 first-line split shorting stop loss: 3563 target: 3400-3380
Bitcoin: 64000-64500 first-line split shorting stop loss: 65200 target: 63500-63000#BTC #ETH $ETH
Ethereum price has been in a narrow range of fluctuations over the weekend. At the same time, the weekly line closed negative this week, and the price may continue to weaken next week. Therefore, in terms of trading, don't be too greedy, and make steady profits.
From the perspective of Ethereum's daily technical indicators, the three lines of the KDJ technical indicator turned downward, the MACD technical indicator was in the stage of short resonance downward, and the BOLL technical indicator was in a continuous weakening stage. The current price of Ethereum is also running below the MA5 daily average line, and the high point MA30 daily average line is also continuously weakening. Overall, the trend is still dominated by shorts.
From the 4-hour technical indicators, the KDJ technical indicator continues to shrink in long positions, the DIF in the MACD technical indicator shows a dead cross pattern, and the BOLL technical indicator continues to press down. Ethereum is currently in a red TD1 downward trend, so the trading ideas remain unchanged in the early morning and morning today. It is recommended to continue to focus on rebound shorting.
Ethereum: 3475-3515 first-line split shorting stop loss: 3563 target: 3400-3380
Bitcoin: 64000-64500 first-line split shorting stop loss: 65200 target: 63500-63000#BTC #ETH $ETH
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