Looking at Ethereum's daily chart, after three consecutive bullish daily candlesticks, the bullish momentum is gradually weakening. On the hourly chart, the price is consolidating within a converging triangle range, with Bollinger Bands narrowing and the short-term moving averages hovering around the middle band. The MACD fast and slow lines are trending downward, with no significant bullish volume observed, and the KDJ indicator is also turning down. In the short term, the trend remains relatively weak, so the outlook for the evening is to expect a pullback.
ETH: Short at 3124, target 3044, stop loss 40 points #BTC #ETH
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Looking at Ethereum's daily chart, after three consecutive bullish daily candlesticks, the bullish momentum is gradually weakening. On the hourly chart, the price is consolidating within a converging triangle range, with Bollinger Bands narrowing and the short-term moving averages hovering around the middle band. The MACD fast and slow lines are trending downward, with no significant bullish volume observed, and the KDJ indicator is also turning down. In the short term, the trend remains relatively weak, so the outlook for the evening is to expect a pullback.
ETH: Short at 3124, target 3044, stop loss 40 points #BTC #ETH