7.16 ETH


As of now, the Bollinger Bands for “Big Bing” are opening upward, but the upper band has begun to flatten; near-term upside momentum is weakening, and the market has entered a high-level pullback phase for digestion.
The price has made a new high, but MACD has not made a new high; a top divergence structure has been confirmed, and there is a strong need for a technical pullback.
Good news already being priced in + profit taking + technical top divergence + a slightly bearish stance from regulation—multiple factors are stacking up, so the short-term pullback pressure is significantly greater than that of Big Bing.
Recommended short entry: 1930-1945
Stop loss: 1980
Target: 1880
BTC-2.89%
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