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ETH falls to a new height, is the rebound a "thrill" or an "illusion"?🤯
Gate's friends, I am your market commentator Arthur📢. ETH has fallen from a high point, with 1472 becoming the new "critical point," while the bears are like snipers with a scope, pressing down the rebound so hard that it can't even lift its head.
The MACD line's death cross status continues, the Bollinger Bands are wide open, and the price keeps rubbing against the lower band, but don't fantasize about a rebound - this is not a turnaround, it's a roll.
📈Signal Summary:
The bearish candlestick combination continues to exert force;
EMA becomes a "pressure cooker lid", tightly sealed;
MACD has no repair trend;
BOLL volatility surges, panic sentiment remains.
📌Operation Reference:
Focus on support: 1415;
Resistance level: 1550, near EMA13;
Stop loss points: Long position 1405, Short position 1570.
Are you now believing in "returning light" or preparing to "avoid lightning in advance"? Come to the comments section and share your views👇
I am Arthur, pay attention to the comments, the top team is opening a free consulting channel for you, serving only the ambitious madmen.
#BTC #PI #ETH #GateioInto11