#数字资产市场反弹 Early this morning, the price of Ethereum reached a high of 4293 dollars, but was unable to maintain the upward momentum, and subsequently fell back to the 4250 dollar range for consolidation.
Analyzing the current market situation, after rebounding for two consecutive trading days, the bullish momentum is clearly hindered. From a technical indicator perspective, the Bollinger Bands are continuously narrowing, and all three lines of the KDJ have entered the overbought zone. These technical signals collectively indicate that the market is likely to experience a noticeable pullback. It is worth noting that the KDJ indicator has started to turn downwards, showing signs of a death cross, which further confirms that the bearish forces are strengthening in the short term. Based on the current technical analysis, the trading strategy can consider looking for short opportunities in the $4280-$4300 range, with a target position set near $4130 and a stop-loss set in the $4380-$4400 range. $ETH#抄底币种推荐
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#数字资产市场反弹 Early this morning, the price of Ethereum reached a high of 4293 dollars, but was unable to maintain the upward momentum, and subsequently fell back to the 4250 dollar range for consolidation.
Analyzing the current market situation, after rebounding for two consecutive trading days, the bullish momentum is clearly hindered. From a technical indicator perspective, the Bollinger Bands are continuously narrowing, and all three lines of the KDJ have entered the overbought zone. These technical signals collectively indicate that the market is likely to experience a noticeable pullback. It is worth noting that the KDJ indicator has started to turn downwards, showing signs of a death cross, which further confirms that the bearish forces are strengthening in the short term.
Based on the current technical analysis, the trading strategy can consider looking for short opportunities in the $4280-$4300 range, with a target position set near $4130 and a stop-loss set in the $4380-$4400 range. $ETH#抄底币种推荐