From the current market situation, the four-hour trend is in the middle of the Bollinger Bands, showing a double-shadow upward probing pattern. It then shifts to a wave-like downward arrangement with bearish candles. The Bollinger Bands are overall diverging downward, with the channel expanding continuously. The bearish momentum is still being released.
Market: Range between 2180-2220, with a downside target near 2050$ETH #美国部分停摆结束
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2.5 Morning Thoughts
From the current market situation, the four-hour trend is in the middle of the Bollinger Bands, showing a double-shadow upward probing pattern. It then shifts to a wave-like downward arrangement with bearish candles. The Bollinger Bands are overall diverging downward, with the channel expanding continuously. The bearish momentum is still being released.
Market: Range between 2180-2220, with a downside target near 2050$ETH #美国部分停摆结束