The hourly Bollinger Bands are opening downward, indicating a short-term bearish trend with a potential pullback; preparations are necessary. But the upward trend has not broken, and the pullback is a "consolidation adjustment" within the trend. Do not chase short positions; wait for a bounce back to the lower boundary of the hourly upward channel and a support signal before going long.
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9.4 Evening Ether Analysis:
The hourly Bollinger Bands are opening downward, indicating a short-term bearish trend with a potential pullback; preparations are necessary.
But the upward trend has not broken, and the pullback is a "consolidation adjustment" within the trend. Do not chase short positions; wait for a bounce back to the lower boundary of the hourly upward channel and a support signal before going long.
Suggest to go long at 4380-4350, target 4480, 4550! #Gate上线Ondo专区现货交易#