Ethereum daily, four-hour, and one-hour moving averages are all in a bearish alignment, indicating a very strong downtrend. The 15-minute short-term shows some rebound, but trading volume is decreasing, and the momentum is weak. This is a technical rebound. You can enter short positions at key resistance levels and continue to focus on shorting.
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Doudouhui
· 9h ago
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Ethereum daily, four-hour, and one-hour moving averages are all in a bearish alignment, indicating a very strong downtrend. The 15-minute short-term shows some rebound, but trading volume is decreasing, and the momentum is weak. This is a technical rebound. You can enter short positions at key resistance levels and continue to focus on shorting.