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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
Currently, based on the trend, if there is no significant Favourable Information impacting the market, the sustainability of the rebound on Monday is questionable. The daily chart is showing a Sideways fluctuation, and the short-term hourly chart still maintains a bearish trend. On the hourly market data, the Bollinger Bands are oscillating and trending downward, with prices closely following the lower band channel. In terms of indicators, the MACD dual lines are operating below water, and short positions continue to see higher trade volumes. My personal view on the intraday trend is that it is likely to continue moving downward and break through.
Short positions on ETH 3583, target 3520. Stop loss at 40 points. #BTC# #ETH#