5.24BTC Such divergence situations often indicate a potential trend reversal or continued adjustment!
Since Trump's speech last night, the market price has been in a relatively weak zone, with the overall market showing significant downward pressure and a lack of upward momentum. In the short term on the 4-hour chart, the market may continue to test the support level of 106000, influenced by the divergence at the top and the MACD death cross signal, with the market trend leaning towards a downward test of the support. K-line patterns: The appearance of a top type and a pregnant line are important bearish and reversal signals. These patterns suggest possible price trend changes at different points in time. BOLL: The current price is between the middle and lower bands of the Bollinger Bands, indicating weakness; the narrowing of the upper band suggests an increased possibility of volatility. MACD: The death cross between DIF and DEA, along with the red bars turning green, indicates a weakening of market momentum, overall showing a downward trend. Suggested operation: Short near 109800-109000, with a stop loss of 800 points, targeting support around 106000. Ethereum Trading Advice: Short around 2620-2660, stop-loss 60 points, target around 2500-2450. This interpretation is for reference only; please invest with caution.
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5.24BTC Such divergence situations often indicate a potential trend reversal or continued adjustment!
Since Trump's speech last night, the market price has been in a relatively weak zone, with the overall market showing significant downward pressure and a lack of upward momentum. In the short term on the 4-hour chart, the market may continue to test the support level of 106000, influenced by the divergence at the top and the MACD death cross signal, with the market trend leaning towards a downward test of the support.
K-line patterns: The appearance of a top type and a pregnant line are important bearish and reversal signals. These patterns suggest possible price trend changes at different points in time.
BOLL: The current price is between the middle and lower bands of the Bollinger Bands, indicating weakness; the narrowing of the upper band suggests an increased possibility of volatility.
MACD: The death cross between DIF and DEA, along with the red bars turning green, indicates a weakening of market momentum, overall showing a downward trend.
Suggested operation: Short near 109800-109000, with a stop loss of 800 points, targeting support around 106000.
Ethereum Trading Advice: Short around 2620-2660, stop-loss 60 points, target around 2500-2450.
This interpretation is for reference only; please invest with caution.