3.21 Evening ETH Analysis


In a descending channel with lower highs and lower lows; rebounds are met with resistance immediately. The middle band of the Bollinger Bands (around 2200) serves as a strong resistance; the price is moving along the lower band. The KDJ indicator is at low levels but shows no rebound strength, indicating a weak sideways movement rather than a reversal signal.
Operation suggestions: Short positions within the 2160-2180 range, with targets at 2120 and 2080.
$BTC #加密行情震荡
BTC1.15%
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