#ETH🔥🔥🔥🔥 $ETH
The current price of Ethereum is 2613. Before the press release yesterday, Ethereum was around 2640. After a lot of twists and turns, the market has returned to this position. Looking back, Ethereum has just experienced a sideways correction after the long and short wash. This is a normal accumulation of funds after the wash. The market is expected to continue to accumulate funds sideways.
Looking at the current market, the daily K-line is as high as 2670 and as low as 2606. The daily K-line has fallen below the two consecutive negative lines. EMA90 support has now become a pressure point of 2660, and the downward support is 2580, the exchange point of EMA15 and 60. MACD volume is decreasing, DIF and DEA are shrinking at high levels, and the short-term short trend is gradually clear. The K-line also fell back from the upper rail resistance point of 2755 of the Bollinger Band. The middle rail support point is 2520. KDJ forms a dead cross downward to further clarify the short trend.
The four-hour K-line is blocked by the EMA60 support point of 2615, and the trend begins to weaken. MACD shrinks and increases to prevent DIF from falling below the 0 axis. However, one thing to remember is that it is difficult to hold the support if it falls back to the support continuously. The lower rail support of the Bollinger Band pays attention to the integer mark of 2600. KDJ begins to shrink after being blocked in the short term. The overall trend has a rebound trend. You can wait for the market to pull back to the pressure level before starting to arrange the short position. Wait and see in the short term.
Short-term reference: safety first, remember that the market is not 100%, so you must bring a good stop loss. Safety first, small losses and big profits are the goal.
Above 2 670 to 2690 short, stop loss 30 points, target 2640 to 2600, break to 2585
2580 to 2600 long below, stop loss 30 points, target 2650 to 2680, break to 2710
2580 to 2600 below, short, stop loss 30 points, target 2530 to 2500, break to 2470
