ETH

The reference period is daily K and 4H. From the left picture, we can see that yesterday's price completed a second retracement and reached the oversold stage with the indicator (there is also a divergence here), completing the rebound, and the interim target can be placed in the: 3250 area.

From the right picture, the daily K is rising towards the upper boundary of the box: 3250 area, and the indicator is still rising and has not entered the overbought stage.

So my current view is that short-term long orders can be reduced and stopped at 3250 area, and I hold the view of rebounding short on daily K. If the subsequent price is blocked and falls in the 3250 area and the indicator enters the overbought stage. It is an opportunity to enter a short order, and the target is still the lower boundary of the box: 2820 area.

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