$BTC $ETH Are the two brothers really not going to fall! The short positions are about to be liquidated quickly and then pushed back up 😤

The night before, Ethereum dropped to around 1600, then started to fluctuate upward. Early this morning, Ethereum rose to around 1690, then retreated again. Currently, Ethereum is trading around 1670. On the hourly chart, there are multiple attempts to push higher and then fall back, indicating that the bulls lack momentum to break through the resistance. The green bars are beginning to appear, while the red bars are still below the moving averages. Under the pressure of the moving averages, on the daily chart, the overall trend dominated by bears is still continuing. The upward momentum is clearly weakening, and the bears are starting to take control of the market. In terms of trading signals, a weak rebound is a sign to continue shorting. In the short term, the market will still follow yesterday’s oscillation trend, with the main direction being high and short. #Marvell大涨超11%领涨芯片板块