Ethereum's current price has once again fallen below the $2000 level. After opening the morning near 1885 and experiencing some fluctuations and recovery, the one-hour chart shows the price operating below the middle band of the Bollinger Bands. The overall trend remains in a weak consolidation phase. Regarding the indicator chart, the three lines of the KDJ are turning downward, and the MACD bullish momentum is decreasing. Trading volume over the weekend has shrunk as usual, and there may not be many rebound opportunities in the short term. In the short-term intraday strategy, it is advisable to continue expecting sideways movement downward.
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Ethereum's current price has once again fallen below the $2000 level. After opening the morning near 1885 and experiencing some fluctuations and recovery, the one-hour chart shows the price operating below the middle band of the Bollinger Bands. The overall trend remains in a weak consolidation phase. Regarding the indicator chart, the three lines of the KDJ are turning downward, and the MACD bullish momentum is decreasing. Trading volume over the weekend has shrunk as usual, and there may not be many rebound opportunities in the short term. In the short-term intraday strategy, it is advisable to continue expecting sideways movement downward.
ETH: 1924 short, target 1874, stop loss 26 points #BTC #ETH