$ETH Public Reference No. 8:
1. Moving Average System (Bearish Arrangement)
Short-term (MA7/14/20) diverging downward, price rebound suppressed by MA20
Mid-term (MA50/100) continuously pressing downward, weakness is clearly evident
2. Volume, Price, and Funds
Rebound on decreasing volume, decline on increasing volume; low willingness of funds to chase higher prices
Strong linkage with Da Bing; high probability of falling along with Da Bing
3. Indicator Signals
RSI: 55-60 range, turning downward, rebound lacks strength
MACD: below the zero line, green histogram expanding, bearis