#MSCI未排除数字资产财库企业纳入范围 $ETH This morning's trend is a bit interesting.



From the 4-hour chart, it surged to the upper band but was hammered down. The bears have been increasing volume over the past two days, effectively breaking below the middle band as well. Now the price is approaching the lower band. The Bollinger Bands are clearly tightening and pressing downward little by little. The indicators on the chart also point in one direction—continue to be bearish. Structurally, there are no clear signs of a bottom yet, and the possibility of a rebound is not high.

The morning's thinking is this: as long as there's a rebound, consider shorting.

Specifically:
- If it rebounds to the 3170 – 3190 area, consider entering a short position
- Keep a close eye on the 3100 – 3070 target below

In simple terms, go with the trend, don't be greedy, use small positions, wait for the market to move on its own.

$BTC $BNB Also, keep an eye on the movements on that side, as the correlation is quite strong.
ETH-6,56%
BTC-3,2%
BNB-5,04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
ForeverBuyingDipsvip
· 01-10 23:54
Bollinger Bands are narrowing and pressing downward. This bearish move is indeed fierce. Entering a short position on the rebound at 3170 feels a bit safer, but I'm just worried about being crushed back and then reversing repeatedly.
View OriginalReply0
GamefiEscapeArtistvip
· 01-10 04:28
The Bollinger Bands are tightening and pushing downward, this is the rhythm of the bears over the past couple of days. I also find it a bit uncomfortable; the rebounds are smashed quite decisively. The 3170 area is indeed tempting, but we really need to wait before taking action.
View OriginalReply0
AltcoinHuntervip
· 01-09 08:41
The Bollinger Bands are narrowing and pressing downward, and this signal is indeed clear. If there's a rebound, I'll buy in; I accept that. I'm just worried about getting itchy and selling early.
View OriginalReply0
BanklessAtHeartvip
· 01-08 02:08
The bears have indeed been gaining momentum these past two days, and the Bollinger Bands are tightening quite aggressively. However, I still want to wait and see if any signs of a trend reversal appear before taking action.
View OriginalReply0
RugResistantvip
· 01-08 02:03
The bears are so aggressive, they crash the rebound—it's the old trick.
View OriginalReply0
GhostChainLoyalistvip
· 01-08 01:44
Selling off again, this pace is really incredible.
View OriginalReply0
CryptoSourGrapevip
· 01-08 01:42
Damn, it got knocked back again. If only I had entered the short position without hesitation this morning.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)