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ETH Morning Strategy
Bulls finally trampled underfoot with friction, Middle East situation unresolved, strictly avoid buying dips
The Middle East situation continues to escalate, with Israel facing attacks causing mass casualties, and Iran stating the conflict will enter a new phase. Trump issued a final ultimatum to Iran, demanding unconditional opening of the Strait of Hormuz within 48 hours, otherwise will strike its power plants.
Affected by the situation, the crypto market daily line closed bearish breaking the stage new low, Bollinger Bands contraction slowing, KDJ death cross declining, MACD also forming death cross, bearish momentum showing, intraday still mainly selling on rebounds.
Operation Suggestions
ETH: Sell on rebounds at 2100-2150 range, target down to 2060-2000, break below to 1960
The above is personal opinion for reference only. Specific operations are subject to #Gate13周年全球庆典