4.2 Ethereum midday market analysis and operation ideas
Ethereum fell from 3500 to 3315 at noon today. From the perspective of daily technical indicators, the support below has been broken, and the gap generated by the monthly line is relatively large. At present, the weekly line has stabilized the TD9 decline signal. From the perspective of 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator are in the stage of coordinated weakening of the dead cross, and the BOLL technical indicator is in a downward opening state. The operation ideas for the afternoon and evening remain unchanged, and the rebound shorting is still the main focus.
Ethereum can be shorted in batches in the area around 3370-3400, with the target at: 3280-3250. If there is a rebound, it can be replenished in the area around: 3430-3460, and the stop loss is placed at: 3490
