8.6 Mr. Coin Circle: Ethereum (ETH) market analysis reference:
Although Ethereum has been affected by the shadow of the market recently, the price has gone through a wave of correction. Yesterday, it also reversed slightly. The market rebounded strongly, and it rose by hundreds of points in a blink of an eye. The high position is also close to 2550. The rebound upward strength is not strong during the day, and the high position is slowly moving up. From the short-term hourly chart, the Bollinger Bands are open, and the trend remains in the lower track area. The bullish sentiment is weakened, and the market is also biased towards shocks. The fast and slow lines in the MACD indicator are running below the zero axis, and the column turns from positive to negative. There is a risk of continuing to go down in the short term. The intraday operation is recommended to rebound and go short.
Short-term reference:
1. Short orders focus on the 2530-2570 range, light positions, and defense 2660, stop loss 2690, the target The target is below 2430.
2. Long orders near 2260, light positions, stop loss 2200, target near 2330
The article is delayed, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take profit and stop loss well, and take the money in. $ETH $BTC
