Ethereum's four-hour timeframe has strongly broken below the lower Bollinger Band, with the channel opening up and continuing to expand, significantly strengthening the bearish signal. The daily chart remains in a clear downtrend channel, with weak rebound momentum and no effective reversal. There are no clear signs of a bottoming out in the market yet.
It is recommended to short around 3020 and 2980, with the initial target at 2880, and if broken, further down to 2700. $BTC $ETH #加密市场反弹
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Ethereum's four-hour timeframe has strongly broken below the lower Bollinger Band, with the channel opening up and continuing to expand, significantly strengthening the bearish signal. The daily chart remains in a clear downtrend channel, with weak rebound momentum and no effective reversal. There are no clear signs of a bottoming out in the market yet.
It is recommended to short around 3020 and 2980, with the initial target at 2880, and if broken, further down to 2700.
$BTC $ETH #加密市场反弹