Ethereum current price 1619, the price is oscillating back and forth at the Bollinger middle band 1618, barely holding above the middle band line, bulls and bears are fiercely divided, the short-term control battle is in a stalemate, neither side has gained the upper hand for now, the entire process is dominated by shrinking volume consolidation, with only a brief period of volume expansion in the middle, the current real-time trading volume is far below the short-term average volume, off-market funds have a strong wait-and-see attitude, no incremental funds are entering to support the price, the rebound lacks sustained momentum support.

Short-term strong resistance: Bollinger upper band 1623, breaking through without volume is difficult to reverse the downward structure, core support: Bollinger middle band 1618, this is the short-term bull-bear divide, if it is effectively lost, it will directly go down to test the Bollinger lower band 1613.

Short-term strategy:

In the current narrow-range consolidation market, fake breakouts and traps are very likely, it is not recommended to enter early to gamble, wait patiently for the direction to be confirmed, if it holds above 1623 with volume, then lightly follow up to test long, if the price breaks below 1618 on the real body and fails to quickly recover, then follow the trend to see a new round of bottoming.#0成本拿2股SK海力士