2025-08-20 21:07:14

#Crypto Market Pullback #Gate Alpha ESPORTS Points Airdrop #Jackson Hole Meeting Ether is currently falling to the middle band position of the Bollinger Bands on the daily chart, and the MACD currently shows the dual lines at a high position with a death cross. This basically confirms a divergence trend here, unless it can return to 4450 this week, the risks of the death cross and divergence will have hope to be resolved.

According to this trend, as long as ETH does not turn from bearish to bullish on the weekly chart, this wave of fall is most likely just in the beginning...
This kind of large structure top divergence usually leads to a deep correction or even a technical bear market. However, according to the market's consistent tormenting pattern, the second week after the death cross may actually see a continued rebound.
Ether: 4170 short, looking down at 4070, defending 40 points #BTC #ETH

ESPORTS-5,47%

AIRDROP-21,18%

BAND6,45%

CROSS-7,64%

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.

1 Likes