8.21 Ethereum morning market analysis and operation ideas

From the perspective of daily technical indicators, Ethereum KDJ technical indicators have formed a dead cross and fallen again, MACD technical indicators are in a state of long shrinkage, and the BOLL technical indicator is still in a weakening stage. At the same time, MA5-day moving average and MA10-day moving average are pressed down together, and the high point MA30-day moving average continues to fall and weaken. From the overall structure of daily technical indicators, the overall idea is still to focus on high altitude.

From the perspective of 4-hour technical indicators, it is basically similar to the trend of daily technical indicators. K-line indicators are all in a state of long shrinkage, and MA three-day moving averages are all in a state of oscillating decline. At the same time, KDJ technical indicators, MACD technical indicators and BOLL technical indicators are in a resonance decline stage as a whole. Therefore, from the overall trend, there is a small rebound in the short term, but the strength will not be too strong. At present, the mainstream rhythm is still dominated by rebound short selling.

Ethereum: Short position around 2580-2615, stop loss: 2667, target: 2510-2480

Bitcoin: Short position around 59300-59800, stop loss: 60500, target: 58600-57500$ETH $BTC #BTC #ETH