The main pull market is picking up, and the bulls are in power and the shorts are hopeless?
ETH market analysis:
ETH market analysis:
Today, Ethereum also went out of a wave of strong rises like Bitcoin, breaking the shock range, and the price reached the area above 370 again. The high point has broken to the Bollinger Bands on the daily line. The price is running above 370.
The 4-hour Tubollinger bands have begun to open, and the moving averages are rising upwards, forming a strong support. Among the technical indicators, MACD is rising upwards, and RSI is already approaching the overbought area. At present, it is recommended that you do not chase the rise and prepare for a callback. The intraday trend On the one hand, the bulls are still dominant, or they will call back and continue to do more.
ETH operation suggestion:
1. It is recommended to enter the market in batches with empty orders around 380-378, take profit around 372-370, and look around 365 if you break the position;


