Evening Analysis of the Second Candle$ETH

✅ The rebound to 2330-2340 stabilizes (for example, closing with a bullish reversal candle), then try a small long position, stop loss at 2300, target at 2375-2400.
✅ If the rebound to 2375-2400 cannot push higher, enter around 2395-2410, approaching the intraday high, if the bulls can't push it up, a "double top" will form, opening the downside space.
4 hours: Just dropped from the high of 2422, closed with a long upper shadow large bearish candle, broke below the upper Bollinger band, now hovering near the middle band. RSI and KDJ are both turning downward, indicating a deep correction after an uptrend, bullish momentum is clearly weakening.
1 hour: Directly broke below the middle Bollinger band, now struggling around 2350, Bollinger bands are starting to flatten, RSI has fallen to 27, entering oversold territory, but the rebound volume hasn't kept up, indicating the bears haven't fully released.
15 minutes: Directly broke below the lower Bollinger band, lowest at 2343, now slightly rebounded above the lower band, a correction after oversold conditions, key is whether it can hold the 2340 support.#Gate广场五月交易分享 #比特币站稳8万关口 #eth