Ethereum's daily technical indicators have not changed significantly. Currently, the coin price is sticking to the upper track area in the BOLL technical indicator, indicating resistance to upward movement from a sideways perspective. From the daily technical indicators, the BOLL technical indicator still shows a relatively serious breaking sentiment. It is also worth noting that the 4-hour technical indicators for Bitcoin and Ethereum's TD9 are severely lagging, so it is highly probable that the coin price will continue to retrace to repair the indicators in the early morning today. Although the coin price dipped to around 2515 last night, the various indicators have not been repaired, so the strategy for this morning remains unchanged, still suggesting a bearish stance. At the same time, friends holding short positions can hold for a while.

Short Ethereum at 2560, add to position on rebound to around 2585, stop loss at 2617, target at 2510

Short Bitcoin at 63100, add to position on rebound to around 63700, stop loss at 64300, target at 62300

The above is my personal early morning market analysis. If you have any questions, you can leave a comment in the comment section or follow my WeChat public account to find me.

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