5.8 After the currency price of Ethereum rose to test the first-line pressure of 1930 in the evening, the market fell back under pressure again. The daily line fell below the middle track of the Bollinger Bands, showing a physical negative K. The current 4-hour chart is biased toward a correction. The 1940 mark above is the critical point for short-term bulls to pull back. Only when it breaks above can it continue to strengthen. If it does not break, it will continue to fluctuate and fall back. The currency price at the hourly level pierced the lower track support and hit the 28300 line to stop falling and rebound. The green entity kinetic energy column of the MACD indicator increased in volume. At present, the market's bull momentum is slightly insufficient in this range. The market has signs of falling below the 1900 line again. The market outlook In terms of operation, it is recommended to focus on high altitude. For specific points, please refer to:

Ethereum: short around 1910-1920, target 1885-1965#BTC #ETH #Web3