In the ever-changing financial market, the early morning trend was as I predicted, showing a pin bar pattern with movements up and down. Although each downward pin is followed by a rebound, in my view, this is merely accumulating time and space for the next downward probe. Therefore, one should engage in quick entries and exits. From the four-hour candlestick chart, two bearish candles with bodies have appeared, causing the price to break below the middle band of the Bollinger Bands. Currently, the speed of the decline has slowed down, and it is expected that before the second bottom is tested, the price will go through a period of adjustment.

On the one-hour candlestick chart, the price is showing a downward trend. After breaking below the lower band of the Bollinger Bands, there was a slight rebound, but the strength of the rebound is weak. The market is currently slowly shifting from bearish to bullish.

Based on the above analysis, Ethereum can be shorted in the range of 2270-2300, and then longed in the range of 2060-2030. Due to the fast changes in the market, we won't elaborate too much here. Ok, that's the market for today. Good luck to everyone, and welcome to join the community. If there are any changes in the market, we will notify everyone in the community as soon as possible. Follow our public account: Ambush Notes.

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