These days, Ethereum has been moving very steadily (during the day), following the 1-hour Bollinger Bands. It is currently consolidating near the 1-hour middle band, waiting to choose a direction. I shorted at the upper band at noon, and now when it hits the lower band, it rebounds rapidly. The lower band still provides support. The short positions have already been closed or reduced.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
These days, Ethereum has been moving very steadily (during the day), following the 1-hour Bollinger Bands. It is currently consolidating near the 1-hour middle band, waiting to choose a direction. I shorted at the upper band at noon, and now when it hits the lower band, it rebounds rapidly. The lower band still provides support. The short positions have already been closed or reduced.