Good morning everyone. I am Li Shengting. I walk on thin ice with a mentality of always being in awe of the market.
Last night, Ethereum continued to fall to the lowest point of 1780 before rebounding. From a short-term perspective, the technical rebound is not strong. From the perspective of daily technical indicators, the three lines of KDJ turned downward, the short-term short position of MACD continued to fall in large volume, the DIF and DEA indicators cooperated to press down, and the BOLL technical indicator was also running on the lower track. The bullish trend is still suppressed by the bears.
From the 4-hour technical indicators, MACD bulls continue to shrink, BOLL also opens downward, while MA5-day moving average and MA10-day moving average cooperate to press down, MA30-day moving average continues to press down, and the bull energy column continues to shrink. The short-term support below focuses on the line near 1775. From the above technical indicators, the short-term operation idea is still mainly high-altitude.
5.12 Ethereum early morning operation ideas
Short around 1820-1830, stop loss 30 pips, target 1800-1770
5.12 Bitcoin Operation Ideas in the Early Morning
Short around 27300-27400, stop loss 300 points, target 27000-26800
