The four-hour level shows an absolute advantage for the short position, with the price having broken below the lower band, indicating a possibility of a rebound from oversold conditions. However, the overall trend remains very weak. The MACD indicator is below the zero line and continues to widen, while the KDJ indicator has entered the oversold zone, both indicating that the downside momentum has not yet fully released.
Personal advice, for reference only (strictly set defense) ETH around 3550, see 3620 to add, target 3430, 3380$ETH
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11.4 Tuesday Daily ETH Analysis
The four-hour level shows an absolute advantage for the short position, with the price having broken below the lower band, indicating a possibility of a rebound from oversold conditions. However, the overall trend remains very weak. The MACD indicator is below the zero line and continues to widen, while the KDJ indicator has entered the oversold zone, both indicating that the downside momentum has not yet fully released.
Personal advice, for reference only (strictly set defense)
ETH around 3550, see 3620 to add, target 3430, 3380$ETH