ETH midnight market analysis
From the 5-minute chart, after the rebound, ETH enters a ranging consolidation phase. Price repeatedly wavers around the Bollinger middle band. Short-term long and short battles are intense, and an obvious one-way trend has not yet emerged. Liquidity is relatively weak at midnight, and the risk of needle-like spikes is higher.
Short-selling idea: If the rebound meets resistance around 1878‑1888, you can consider opening a short. Stop loss: 1900. Downside targets: 1845‑1855. If price holds above 1890, then the short-selling idea is invalid.
Long idea: If price pulls back to 1838‑1848 support and stabilizes, consider going long. Stop loss: 1826. Upside targets: 1875‑1885. If support at 1826 breaks down, then abandon the long setup.
#美日2011年来首次联合干预日元 $BTC $ETH
From the 5-minute chart, after the rebound, ETH enters a ranging consolidation phase. Price repeatedly wavers around the Bollinger middle band. Short-term long and short battles are intense, and an obvious one-way trend has not yet emerged. Liquidity is relatively weak at midnight, and the risk of needle-like spikes is higher.
Short-selling idea: If the rebound meets resistance around 1878‑1888, you can consider opening a short. Stop loss: 1900. Downside targets: 1845‑1855. If price holds above 1890, then the short-selling idea is invalid.
Long idea: If price pulls back to 1838‑1848 support and stabilizes, consider going long. Stop loss: 1826. Upside targets: 1875‑1885. If support at 1826 breaks down, then abandon the long setup.
#美日2011年来首次联合干预日元 $BTC $ETH