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ETH analysis on the evening of July 24
ETH daily line closed with a bearish K at around 3670, the Bollinger Bands are opening upwards, but the MACD moving averages are turning down, bullish momentum is continuously shrinking, and the KDJ line is also showing a downward trend.
On the 4-hour chart, the Bollinger Bands are opening downwards, the MACD moving averages continue to decline, and bearish volume is being further released. However, the KDJ line shows signs of turning upwards. Currently, the bears are dominant, but there may be fluctuations in the short term, so caution is advised regarding market volatility.
Short position at 3700—3730 above, target below 3500, with a stop loss of 30 points.
Buy in the range of 3450—3480 below, target above 3650, with a stop loss of 30 points. #RWA热潮#