The current price of Ether has significantly fallen below the middle Bollinger Band and is close to the lower band, indicating that the short-term trend has turned to be bear-dominated. If the price effectively breaks below the lower band, it may accelerate downward. The trend is extremely weak, and for short-term rebounds, pay attention to the 2900 integer level. If it cannot break through and stabilize, this area can be considered for shorting; if it breaks through and stabilizes, then observe. Suggestion: Short in the range of 2820-2850, Target: 2750
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Jinchuan Morning Ether Strategy $ETH
The current price of Ether has significantly fallen below the middle Bollinger Band and is close to the lower band, indicating that the short-term trend has turned to be bear-dominated. If the price effectively breaks below the lower band, it may accelerate downward. The trend is extremely weak, and for short-term rebounds, pay attention to the 2900 integer level. If it cannot break through and stabilize, this area can be considered for shorting; if it breaks through and stabilizes, then observe.
Suggestion: Short in the range of 2820-2850, Target: 2750