9.7 Chen Fei talks about cryptocurrency
The recent market has started to experience continuous fluctuations, and the overall market has entered a recovery phase. The Bollinger Bands are narrowing, and the K-line has formed a bullish pattern in the middle track. However, the upward momentum at the bottom is insufficient, and the market still needs to pull back before making further gains. The KDJ indicator shows a downward movement for bulls, and the MACD bearish trend is also increasing. In summary, the upward support at the bottom of the market is lacking, so it is recommended to sell first and then buy.
Ethereum (ETH)
Direction: Short position
Current price: 4340～4360
Take profit: 4270～4240
Stop loss: 4390
An 8-year veteran in the market, skilled in various operational techniques, accurately grasping highs and lows for unblocking positions, steadily taking control, making trading easy. Everyone is welcome to communicate.
