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ETH market analysis on 10.5, plan in advance, official traders, follow up and you can turn over your position!
Fed Governor Bowman just gave a speech, but he didn’t say anything useful, mainly because he didn’t say anything good, so the market is still very depressed!
As shown in the picture: Through the latest Fibonacci, the current ERH pressure level is 1651-support level 1631. Today’s market is completely oscillating in this range, which is very accurate! The market is currently bearish and relatively sluggish. If 1631 cannot hold tonight, then it will be around 1607.
Judging from the 4-6 hour K-line chart of ETH, the current market is still walking below the Bollinger Bands, and the trend is worse than yesterday. Currently, the four- to six-hour MACD is trending downward, and the KDJ is all opening downward. The OBV indicator is also downward, but it is currently rebounding in 30 minutes, so it is still mainly high!
ETH night strategy: rebound near 1640-1650, target around 1615. Keep up with eating meat! From now on, reservations won’t be available every day! So hurry up