After a month or two of negotiations, the US-Iran ceasefire agreement has finally been officially announced and the signing date confirmed, and Trump's bluster can finally quiet down. The market is also taking this opportunity to breathe a sigh of relief.


Ethereum last night rebounded all the way up to around 1848, but based on the daily volume, the price and volume performance is mediocre, with no sign of the "volume-driven rally" dominance.
To put it bluntly, this instead exposes the predicament of the bulls being at their wit's end—powerless and unable to push higher despite their intentions.
On the four-hour chart, the indicators show the KDJ three lines turning downward, and the MACD indicator's volume is shrinking.
On the one-hour chart, the price has fallen back to the middle band of the Bollinger Bands without any significant volume increase, but the MACD bearish volume bars continue to grow.
Within this small range, I believe the middle band support will be broken again, and there will be some room downward in the short term.
Ethereum: 1798 short, target 1758, stop 30 points #eth
ETH3.03%
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