4.28 Morning Ethereum market analysis and operation range suggestions!
In terms of Ethereum, the basic trend and Bitcoin have not changed much. After rebounding from the bottom in the early trading yesterday, the technical trend is still healthy, and the overall price remains volatile. This is also the market need to be adjusted. From the perspective of the daily line, The Bollinger Band opens downward, the price is supported by the lower rail, and the overall trend is more volatile. With the influence of the fundamentals, the price may launch a shock to $2,950 at any time. From the perspective of the 4-hour level, the Bollinger Band is down, and the price remains in a wide range of 2920~2820. On the whole, Mingcheng recommends that the high altitude should be the mainstay in the early trading operation, and the low volume should be supplemented. The support level should focus on the near 2800-2760. Location.
Operational suggestion: short the rebound 2920-2900 in batches, the target is near 2850.
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