Market trend analysis strategy

At present, the trend of Ethereum is weak from the daily level. The market has touched the middle track of the Bollinger Bands. Although it has not formed a breakout, the trend is still weak. The MA line has begun to trend downward. The volume of bulls is also gradually shrinking. The third K line The cross has formed a dead cross downward trend. The trend of Bitcoin is slow, but the trend is similar to that of Ethereum. The short trend is currently dominant. From the 4-hour line level, the market has broken through the Bollinger Bands and formed 4 consecutive negative trends. The MA line It is also continuously turning around and running downward. The short position can continue to increase the volume. There is no obvious signal to stop the decline, but it also needs enough accumulation to be released. It is expected that it will further test the bottom support before ushering in a new trend. Therefore, in subsequent short-term operations, you can aggressively chase short positions and then take back long orders.

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