2.9 Monday Intraday Analysis



The daily chart shows a continuous decline in price from the previous high of 3446, and it has now broken through the lower band support. Below, only the previous low of 1736 provides weak support. The rebound momentum is weak. From the indicators, the MACD histogram continues to expand in the green, and the DIF and DEA lines remain in a deep negative zone. The market is dominated by bearish momentum. Although the KDJ indicator shows signs of a golden cross at low levels, it has not yet formed an effective turning point, casting doubt on the sustainability of the rebound.

Personal advice, for reference only (strictly set stop-loss)
Around 2110 for the short position, see 2170 for a cover, target 2030, 1930
ETH-3,68%
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