On the daily chart, the price remains suppressed by the long-term MA144 and MA169 moving averages, staying within a downward channel. Although the MACD indicator's histogram briefly turned red, the DIF and DEA are still deep in negative territory. The rebound is merely a technical correction within a downtrend. Overall, the short-term rebound lacks fundamental and volume support, with resistance from the moving averages forming a strong barrier. The downtrend pattern has not undergone a substantial change.
Personal advice, for reference only (strictly set defensive measures) Mistress around 2965, see for a rebound at 3035, target 2900, 2830$ETH
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December 25 Thursday Intraday Mistress Analysis
On the daily chart, the price remains suppressed by the long-term MA144 and MA169 moving averages, staying within a downward channel. Although the MACD indicator's histogram briefly turned red, the DIF and DEA are still deep in negative territory. The rebound is merely a technical correction within a downtrend. Overall, the short-term rebound lacks fundamental and volume support, with resistance from the moving averages forming a strong barrier. The downtrend pattern has not undergone a substantial change.
Personal advice, for reference only (strictly set defensive measures)
Mistress around 2965, see for a rebound at 3035, target 2900, 2830$ETH