After the weekend warming, the price has repeatedly tried to break through the 2850 line but failed to sustain it, showing weak upward momentum in the short term. The 4-hour chart had consecutive bullish candles but failed to break the middle track support, followed by consecutive bearish candles moving downward; currently, the middle track area is receiving support. The Bollinger Bands maintain a downward channel, with a weak structure, and the strategy is to rebound and short.
Trading suggestion: Short in the 2800-2830 range, looking down to around 2700. If it breaks below, continue to watch; if it doesn't break, go long! $BTC
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Little Finance Kid Morning ETH Analysis
After the weekend warming, the price has repeatedly tried to break through the 2850 line but failed to sustain it, showing weak upward momentum in the short term. The 4-hour chart had consecutive bullish candles but failed to break the middle track support, followed by consecutive bearish candles moving downward; currently, the middle track area is receiving support. The Bollinger Bands maintain a downward channel, with a weak structure, and the strategy is to rebound and short.
Trading suggestion: Short in the 2800-2830 range, looking down to around 2700. If it breaks below, continue to watch; if it doesn't break, go long! $BTC