July 5


Erbing Midday
Daily line price completed a bottom-finding rebound, short-term moving average golden cross, MACD bearish momentum weakening, RSI recovered from oversold zone to median, short-term showing stabilization pattern. Mid-term MA30, MA50, MA200 all pressing above the price, long-term bearish arrangement has not been broken, major trend remains bearish. Upward volume continues to shrink, belongs to contract short-term pumping, spot market support is weak, rally easily leads to quick retracement.
Strategy: Short at 1790-1820, defense 1850, target 1730-1680
Disclaimer: Investment involves risks, be cautious when entering the market
#ETH突破1700
ETH0.18%
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