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Yesterday, Trump made a statement: I have instructed the U.S. Department of Defense to suspend any military strikes against Iran's power plants and energy infrastructure for five days, provided that current talks and consultations are successful. Immediately after his remarks, the crypto market rebounded sharply. Looking at the Ethereum rhythm, after a large bullish candlestick broke through on the one-hour level, the trend is consolidating and retracing. Currently, the high point is continuously declining. From an indicator perspective, the MACD double line is turning downward at a high position, and the bullish volume bar is continuously shrinking. During the U.S. trading session, it is not advisable to continue chasing the rebound brought by this news catalyst. From a personal perspective, I expect to see a pullback first.
Ethereum: Short at 2153, target 2073, stop loss at 40 points#BTC #ETH