8.17 Ethereum Evening Market Analysis and Strategy Ideas
Today is a weekend holiday, and the currency price will not fluctuate too strongly. From the perspective of daily technical indicators, the KDJ technical indicator is dead cross and falling, but the MACD technical indicator is still in a golden cross and strong, and the BOLL technical indicator still maintains a fluctuating downward posture. At the same time, the MA5-day moving average and the MA30-day moving average are working together to press down. At the same time, the currency price today is also running below the MA three-day moving average, so the currency price is likely to fluctuate and fall tonight and early in the morning.
From the perspective of 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator both maintain a long-term shrinking state and fluctuate downward. The currency price in the BOLL technical indicator is also running close to the lower track area. At the same time, the ultra-short-term MA three-day moving averages are fluctuating downward, and the ultra-short-term currency price is also continuously suppressed by the MA5-day moving average, so the currency price is likely to still fluctuate and fall today, and the first bottom support is near 2500. The probability of breaking is to go to the 2300 line #BTC $ETH
