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Hello everyone, let me briefly go over today's fluctuation trend of ETH. No more nonsense! First, here's a daily trading tip: consecutive small rises can lead to a big pump, and consecutive big pumps can lead to a big dump! Manage your mindset well.
Overcoming greed and fear: be not greedy when making profits, and take timely profits; do not fear when incurring losses, and avoid panic selling. For example, during a big pump, many investors miss the opportunity to take profits due to greed; during a big dump, they hastily cut losses out of fear.
Maintain a calm mindset: Treat trading as a long-term career, and do not let short-term gains or losses affect your emotions. View market fluctuations rationally. Even in the face of consecutive losses, you can calmly analyze and adjust your strategy.
First, let's look at the 1-hour candlestick chart. The Bollinger Bands are opening and closing, corresponding to a price range of 2613--2568. ETH is near the middle band, trying to stabilize around the middle line of the Bollinger Bands. Currently, it has entered a consolidation phase!
The MA indicator shows a crossover golden cross between the 5-day moving average and the 10-day moving average, corresponding to a price range of 2593--2585. The 30-day moving average overlaps with the 10-day moving average, and the K-line is slightly fluctuating between the 5-day and 10-day moving averages. Overall, the moving averages are showing a bullish upward arrangement.
MACD cross death cross, forming a short-term divergence with the K-line, bearish volume weakening, the market fluctuates downward, will encounter short-term support below, the market is slowly falling! RSI crosses small death cross, located in the oversold stage, but the two lines have an upward trend, the market enters a consolidation phase! #Gate上线美股代币交易 #Gate用户突破3000万 #特朗普马斯克分歧