Ether's four-hour resistance line has broken through, and there is currently a range of over 60 points. Here, you can reduce position while continuing to look upwards! Just protect around the moving average! #BTC# #ETH#

The middle band of the Bollinger Bands on the four-hour chart for Ether has completed the conversion of pressure support at this position. Overall, the price did not stabilize at the 4300 position last night, but the overall retracement during the early morning was not significant. The price is running closely against the structural resistance line of the flag pattern. If the intraday trend can break through the resistance line, then long positions can look forward to a continuation.
Long positions near Ether 4286, target 4386. Defense 40 points. #BTC# #ETH#

Ether is currently under pressure at the 4300 level and has pulled back. The short position shared today is in a 50-point range, currently taking profits, waiting for fluctuations in the US market! #BTC# #ETH#

On the four-hour chart of Ether, the price has retraced again to the flag structure's resistance line, where there has been no short-term breakthrough of the resistance. The possibility of a short-term rebound is not that great. On the one-hour market data, the price has retraced again after reaching the horizontal resistance zone, and in the short-term indicators, the price is running at the middle band position of the Bollinger Bands. If the trend in the afternoon successfully breaks through this support level, then it is highly likely that it will continue to move downward.
Ether 4305 short

After stopping the fall at the 4060 line during the day, Ether is currently undergoing a correction. Looking at the market data, the price has slightly pumped near 4300 in the evening. The overall short positions trend on the 4-hour chart has not changed, and there is certain pressure at the 4300 level. If it does not stabilize at the middle band of the Bollinger Bands in the evening, the bearish outlook should be maintained.
Ether 4292 short positions, target 4192, defend 45 points. #BTC#

Ether is currently falling to the middle band position of the Bollinger Bands on the daily chart, and the MACD currently shows the dual lines at a high position with a death cross. This basically confirms a divergence trend here, unless it can return to 4450 this week, the risks of the death cross and divergence will have hope to be resolved.
According to this trend, as long as ETH does not turn from bearish to bullish on the weekly chart, this wave of fall is most likely just in the beginning...
This kind of large structure top divergence usually leads to a deep correction or even a technical

Ether faced pressure and fell back as expected after multiple tests of the middle band of the Bollinger Bands. Currently, the price has once again fallen below the 4200 support level after the US stock market opened, and the short positions in the short term have not decreased in volume, with short positions still holding the dominant power.
Short positions near Ether 4242, looking down to 4142. Defend at 45 points. #BTC#

Ether has faced pressure and retreated as expected after multiple tests of the middle band area of the Bollinger Bands. Currently, there are signs of correction after the price has broken below the 4200 support, but overall, the market remains in a downtrend on the four-hour chart. The technical indicator near the resistance level around the middle band of the Bollinger Bands is responding well, indicating that the short positions still dominate the market.
Short positions near Ether 4295, looking down to 4195, with a defense of 40 points.

Today, follow the 1-hour middle band position near 115700 for BTC. If it can hold above this level, then the effectiveness of the long positions Rebound can be confirmed.
If it cannot hold above the 1-hour middle band or continues to operate around 115000, it indicates weak rebound strength, so it is likely to extend downward towards 112700.
#BTC# #ETH#

Currently, the Ethereum market data shows that at a smaller level, a door has formed again. The current price is around the critical point of 4200. Overall, the trend still leans downward. The MACD indicator in the attached chart shows a death cross pointing downward, with higher trade volumes for short positions. It is expected that after some oscillation and adjustment here during the day, it will continue to break down below the support level.
Ether reference: 4232 short, target 4132, support 40 points #BTC# #ETH#

The recent trend of BTC is leaning towards weak fluctuations. After the market recently reached a new high, it has encountered a wave of significant liquidation. The market is currently operating around 115000. At present, the price has broken below the daily Bollinger Bands middle band support, and the auxiliary indicator MACD shows a significant top divergence. The KDJ three-line has formed a death cross and is moving downward. In the short term, after breaking the trading range this morning, it quickly plummeted, and the short positions have not shown significant shrinkage. It is expected t

Ether is currently pulling back and continuing its trend. The intraday short position for Ether is currently in the 70-point range. Brothers on the same path can reduce position here! Move the stop-loss to the cost price and continue to look at the target position.

From the perspective of the daily chart, if Ethereum continues to retrace after this surge to the high point, it is likely to form a top divergence trend.
This morning, after the weekly close, the price has been declining all the way and is about to break through the 4300 level. On the four-hour chart, as described yesterday, if the price is under pressure around the middle band, then a downtrend still exists. On the one-hour chart, the trend shows another formation of a breakout. Overall, in terms of volume and price performance, the price has not yet reached a bottom. The intraday rhythm con

Ether continues to oscillate around a small range over the weekend. From the four-hour level, after the price retraced to below the middle band of the Bollinger Bands, it began to run in low-level oscillation. The current downward trend is still intact as long as it hasn't fully stabilized around 4485. At the same time, around 4450 remains a small-level Rebound resistance area, so the strategy here is to maintain a bearish outlook.
Ether 4453 short, target 4353, defend 45 points.

From the perspective of the 1-hour timeframe, Ether is currently experiencing a downward movement in its low points. It is clear from the liquidity that there haven't been many long positions buying signals over the weekend. Without the influence of m stocks, it is difficult to establish an independent market trend. In terms of short-term trends, the probability of prices continuing to decline has become a certainty. Therefore, this evening, the strategy should remain bearish.
4413 short, looking down at 4343, defending 40 points #BTC# #ETH#

On the daily chart, after Ethereum formed a "bearish engulfing" pattern at the 4794 level, it has continued to pull back. The daily-level auxiliary indicator MACD shows a decrease in long positions momentum. If this pullback continues, it is worth following whether a top divergence signal will form here. Currently, on the hourly small level, the price is closely pressed against the middle band of the Bollinger Bands. If the short-term trend cannot break through this technical indicator resistance level, then there is a high probability that it will draw down again.
Ethereum reference: 4432🈳,

Evening reminder that Ether is about to pull back for thought verification, currently there is a 60 space, brothers who are following can directly take the profit #BTC# #ETH# .

The Ether price was just a step away from its historical high yesterday, ultimately being pressured down again near 4790, which also validated the MACD divergence seen in the one-hour chart from yesterday. Currently, the trend indicates that this round of short positions has basically been consumed, with the MACD showing a golden cross at a low level. In the early hours, after hitting a bottom around 4450, the price oscillated and repaired, breaking through the middle band of the Bollinger Bands. If it can hold above the middle band support during the day, we can continue to look for a rebound