The MACD indicator on the Ethereum 4-hour chart has formed a high position death cross, at this time precautions must be strengthened, as there may be a risk of a pullback at any moment. #btc7772
However, even if shorting can yield profits, do not attempt it lightly. It is better to miss this portion of profit than to take the risk of trying to catch the top, as the risks involved are substantial and beyond your control.
Of course, there is also the possibility of the market moving sideways, which could help digest the impact of this death cross. Based on the current market conditions, there are no signs of a peak, and shorting is like playing with fire, with extremely high risks.
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