On the daily chart, yesterday's bearish movement was somewhat influenced by the Asian market, increased domestic control, Japan's interest rate cuts, etc. Market data has also rebounded to short-term pressure levels but could not increase rapidly, and the market began to decline and adjust, quickly breaking down the main support position. Currently, on the daily level, the volume of MACD long positions is decreasing, KDJ death cross is pointing down, and there is a risk of a short-term structure redraw. Tonight, be careful when chasing the price.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
On the daily chart, yesterday's bearish movement was somewhat influenced by the Asian market, increased domestic control, Japan's interest rate cuts, etc. Market data has also rebounded to short-term pressure levels but could not increase rapidly, and the market began to decline and adjust, quickly breaking down the main support position. Currently, on the daily level, the volume of MACD long positions is decreasing, KDJ death cross is pointing down, and there is a risk of a short-term structure redraw. Tonight, be careful when chasing the price.
Ethereum: 2832 sell, protect 40 points, target 2732. #BTC #ETH