Ether outlook for the morning of October 31


Looking at the 4-hour market, the pressure from the middle and upper bands is significant, and the overall downward trend remains unchanged. K has crossed above D, forming a golden cross, indicating short-term rebound momentum exists, but it has not changed the medium to long-term bearish pattern. Overall, it is in a downward trend, and the short-term rebound can be seen as a short opportunity.

Suggestion: Short in the range of 3870-3850, target: 3790#参与创作者认证计划月领$10,000
ETH1.18%
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