From the current hourly level of Ether, after the weekly close, the price has welcomed a rebound breaking through the 3060 level. However, from the 15-minute smaller level, the range did not hold for long before pulling back, indicating that the buying pressure above remains weak. The market data also shows that the nine-turn sequence has given a TD9 signal, and the MACD indicator's solid volume bars are shrinking. It is not recommended to continue chasing the price in intraday operations; instead, we should first look for a pullback to continue the trend.
Ether: 3035 short, looking down to 2935, defend 45 points #BTC #ETH
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From the current hourly level of Ether, after the weekly close, the price has welcomed a rebound breaking through the 3060 level. However, from the 15-minute smaller level, the range did not hold for long before pulling back, indicating that the buying pressure above remains weak. The market data also shows that the nine-turn sequence has given a TD9 signal, and the MACD indicator's solid volume bars are shrinking. It is not recommended to continue chasing the price in intraday operations; instead, we should first look for a pullback to continue the trend.
Ether: 3035 short, looking down to 2935, defend 45 points #BTC #ETH