The concubine is currently in the range of 4442.02, down 247.84, which is a significant correction. The price dipped to 4422.44 within the 1-hour period, approaching the lower Bollinger Band, and then rebounded slightly. It is currently below the middle Bollinger Band, indicating an overall bearish trend. If the price retraces to the 4350-4410 range near the lower Bollinger Band support zone and shows signs of stabilization, one may consider a light long position, targeting 4470-4510. If the price rebounds to the 4500-4550 range and a pressure drop signal appears, a light short position can be attempted, with the target looking down at 4400-4350 #以太坊 .
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10.8 midday
The concubine is currently in the range of 4442.02, down 247.84, which is a significant correction.
The price dipped to 4422.44 within the 1-hour period, approaching the lower Bollinger Band, and then rebounded slightly. It is currently below the middle Bollinger Band, indicating an overall bearish trend.
If the price retraces to the 4350-4410 range near the lower Bollinger Band support zone and shows signs of stabilization, one may consider a light long position, targeting 4470-4510.
If the price rebounds to the 4500-4550 range and a pressure drop signal appears, a light short position can be attempted, with the target looking down at 4400-4350 #以太坊 .