Because compared with the whole trend, the short market will not last too long, and the rebound speed below will definitely be very fast, which means that once you chase the short, you may be trapped. This kind of order is trapped, and it may be very easy to go up to more than 3000. It will take at least half a year to get out. Let's take a simple look at the four-hour trend chart: the seven-day moving average officially crossed the thirty-day moving average at 8 o'clock in the morning. The short-term strength has shown signs, and the average price also clearly shows that the buyer's sentiment is higher than the seller. Combined with the opening direction of the Bollinger Bands, the three tracks are completely flat, the price runs between the middle and upper tracks, and the upper track pressure position is near 2475. If it breaks through, it will point to more than 2500 in the short term. It is estimated that the next wave of breakthroughs will point directly to more than 2500. The three tracks are flat and there are signs of sideways trading, and it will definitely be a downward correction in the short term. The values ​​of the three lines of RSI and KDJ are slightly high, which seems to be oversold. MACD formed a golden cross at 16:00 yesterday afternoon. At present, this wave of bullish market is almost over. From the technical indicators, the space below will not be too deep, and there will still be an upward breakthrough after the callback.

Combined with the trend of the entire Ethereum, the lowest point of the callback reached around 2329. Looking at the long-term, the low point of the last round of short-selling market was 2308 on October 3. It can be seen that the depth of the callback is getting lower and lower. The trend of the entire market, from the T-line, is very similar to the wash before the bull market, and the depth has been fluctuating back and forth between 300-400 points. For the current trend, spot users must have extraordinary patience. It can be said that as long as these two waves can withstand the depth of the downward exploration, the subsequent outbreak will definitely make everyone reap a lot. If contract users want to enter the market, the inspection point is still the stabilization of the 2400 mark. As long as the callback depth does not reach below 2400 today, you can enter the market to try long orders. If you are not sure about the market, you should ask Lao Cui first. Lao Cui explained a lot of trends and found that everyone had no clear idea about the judgment criteria for stabilization. Many friends have always been skeptical about whether a point has stabilized.