Morning Double Bottom Analysis



Analysis: Rebound around 1740-1760 to do a short position, watch 1710-1650, support at 1780

The previous high point retraced to form a complete downtrend, with dual moving averages continuously trending downward, creating strong resistance. The price has difficulty staying above the moving average range during rebounds. The small correction after the bottom is weak, with the rebound high points gradually moving lower, and the bearish selling pressure continues to dominate. The short-term rally is only a weak pause during the downtrend. Operate by waiting for a rebound to the moving average resistance and then shorting. #我的Gate交易时刻 $ETH
ETH-5.63%
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