After the US stock market opened, there was a significant pullback, quickly falling over 2000 points from the intraday high, with a low reaching around 117230. Currently, it is forming a consolidation pattern around 117700. Today's volatility has been quite good, with both longs and shorts achieving decent profits. All ideas are publicly available across the network.
From a technical indicator perspective, the DMI indicator shows -DI crossing above +DI, but the ADX remains stable at 27.27, indicating that bearish strength has increased without altering the overall trend. The daily RSI stays at 67 (neutral to strong), and the weekly chart is not overbought, with the medium to long-term trend remaining intact. Currently, whether it's Ethereum or Bitcoin, both still have the strength to continue rising. The weekend's volatile market is approaching, so just focus on maintaining operations within the range. You can buy at around 117500 to 117200 in the early morning, look at 119500. You can go long on Ethereum around 3550-3530 in the early morning. See 3650#ETH突破3600 #bth .
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After the US stock market opened, there was a significant pullback, quickly falling over 2000 points from the intraday high, with a low reaching around 117230. Currently, it is forming a consolidation pattern around 117700. Today's volatility has been quite good, with both longs and shorts achieving decent profits. All ideas are publicly available across the network.
From a technical indicator perspective, the DMI indicator shows -DI crossing above +DI, but the ADX remains stable at 27.27, indicating that bearish strength has increased without altering the overall trend. The daily RSI stays at 67 (neutral to strong), and the weekly chart is not overbought, with the medium to long-term trend remaining intact. Currently, whether it's Ethereum or Bitcoin, both still have the strength to continue rising. The weekend's volatile market is approaching, so just focus on maintaining operations within the range.
You can buy at around 117500 to 117200 in the early morning, look at 119500.
You can go long on Ethereum around 3550-3530 in the early morning. See 3650#ETH突破3600 #bth .