Evening Thoughts on the Second Candle$ETH


✅In the short term, only watch for the 15-minute oversold correction; if it rebounds to the 2315-2320 range without breaking, it's an opportunity to short again; if it breaks through 2330 with increased volume, then adjust your strategy.
Resistance above: 2323 (15-minute Bollinger middle band) → 2331 (1-hour Bollinger middle band, strong resistance)
Support below: 2287 (today's low) → 2270 (near previous low)
4-hour level: Price directly broke below the Bollinger middle band at 2356.54, currently around 2294, already touching below the Bollinger lower band at 2306.36, indicating a complete bearish trend; RSI dropped to 27.86, KDJ's J value directly hit -1.92, in a severe oversold zone, short-term technical rebound correction is needed, but the trend has weakened.
1-hour level: Price broke below the Bollinger middle band at 2331.49, currently around 2294, with the Bollinger bands opening downward, bearish momentum continues; RSI fell to 17.68, KDJ's three lines diverging downward, no signs of reversal, no indication of a trend reversal yet.
15-minute level: Price broke below the Bollinger lower band at 2303.28, severe short-term oversold condition, with a need to test the Bollinger middle band at 2322.90, which is the key resistance level for tonight's short-term trading.
#Gate广场五月交易分享 #BTC回调 #eth
ETH-2.32%
BTC-1.63%
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