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Ethereum this morning ended the month with little volatility, moving around the middle band over the past 4 hours but clearly showing a weakening of long positions. The MACD indicator in the subchart shows that the amount of short positions is decreasing. The fast and slow lines are also turning downwards. As mentioned yesterday, if the 4100 position can be truly broken down, then this rally will essentially come to an end. Moreover, the solution regarding the U.S. government shutdown is still unclear, which is also a potential macroeconomic impact. During the day, thoughts continue to revolve around looking at short positions at high levels.
Ether: 4156 short positions, looking down at the position 4056. Defense 44 points. #BTC #ETH