Daily market analysis - $ETH

The reference period is 4H. The fact is that the price was blocked in the weak resistance area and fell, triggering the conditions for reducing positions and taking profits that I mentioned yesterday.

At present, the long-short boundary of the short-term rising structure should be in the blue area in the figure, that is, the falling TP. In addition, the indicator has not reached the bottom yet. If you want to enter the long position, I personally recommend waiting patiently.