ETH Morning Analysis


Bulls finally trampled and friction continues, Middle East situation unresolved, strictly forbidden to bottom fish

The Middle East situation continues to escalate, with Israel under attack causing massive casualties, and Iran stating that the battle will enter a new phase. Trump then issued an ultimatum to Iran, demanding Iran unconditionally open the Strait of Hormuz within 48 hours, or he will strike its power plants.

Affected by the situation, the crypto market daily line closed with a decline, breaking through the stage low, Bollinger Bands contraction slowed, KDJ death cross declining, MACD also formed a death cross, short momentum is emerging, intraday still mainly focuses on rebound shorting.

Operation Suggestions
ETH Rebound to 2100-2150 range for shorting, target down to 2060-2000, break below to 1960

The above is a personal opinion for reference only. Specific operations are subject to as the main reference #Gate13th Anniversary Global Celebration
ETH0,41%
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