5.25 Ethereum early morning market analysis and operation ideas
Ethereum started to fall from around 3800 at noon today. The current price is running in a narrow range around 3720. From the perspective of daily technical indicators, KDJ technical indicators and MACD technical indicators are in a state of long shrinking volume, and BOLL technical indicators are in a state of shrinking volume and falling. From the perspective of daily technical indicators, the price of the currency was inserted to around 3530 in the early morning yesterday, but it was just a virtual volume break, and the technical indicators were not completely repaired. At the same time, the MA5-day moving average and the MA10-day moving average cooperated to press down, and the high point MA30-day moving average continued to suppress, so the operation ideas in the early morning and early morning remain unchanged, and rebound shorting is still the main focus
From the perspective of 4-hour technical indicators, the KDJ technical indicator is dead cross and falling, the DIF in the MACD technical indicator crosses downward, and the BOLL technical indicator is running in the middle track area, and it has not linked longs to increase volume. At present, Bitcoin and Ethereum are both in the red TD1 falling signal, so the operation ideas in the early morning and early morning remain unchanged, and rebound shorting is still the main focus
Ethereum: shorting around 3720-3755 Stop loss: 3793 Target: 3640-3560
Bitcoin: Short around 67800-68500 Stop loss: 69200 Target: 66700-66000
