From the perspective of daily charts, Ethereum has deeply fallen to around 1503, after which it has completely released, resulting in a corrective rebound. Currently, it is just hovering around the middle track. In the four-hour chart, the price has moved to below the middle track, the Bollinger Bands are starting to contract, and the MACD maintains green bars in a bearish arrangement, with the fast and slow lines forming a dead cross downward. Meanwhile, in the short term, the one-hour chart shows a declining channel with high points gradually moving downwards, and bullish momentum is slowly diminishing, suggesting a main strategy of high shorts during the day.

It is recommended to enter short positions around 1760-1770, with a target of around 1730-1710.

Bitcoin is currently experiencing a weak rebound repair after a significant drop, which does not indicate a bullish reversal. At the same time, the four-hour chart has formed a standard double top retracement channel, where a second ascent after the rebound shows weakness, and the high points are clearly lower than previous highs, representing a classic double top retracement with high points gradually decreasing. Additionally, the one-hour high points are continuously lowering, and the Bollinger Bands are opening downward, indicating a weak market trend, hence one should short on rallies.

It is advised to enter short positions around 64700-65200, with a target of around 63700-63000.

The market is changing rapidly, and the strategy is for reference only; please ensure to set stop-losses and take profits.

Search for three lines + san2345 (Thirteen Ethereum) on your phone.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。