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#Gate & WLFI USD1 积分计划 Morning market overview on 2018.10: ETH fees are bearish with a negative double top, dare to short? bearish traders gathered.
ETH's fees were too strong for bulls yesterday and couldn't drop, but after today's close, the fees turned negative, and bearish traders continue to add fuel to short positions; currently, the market is at a resonance point of the trend line and support. If it breaks down, will you dare to short it?
1H K-line forms a cross evening star, and the appearance of a double top structure indicates that the market is starting to correct; for intra-day short positions, wait for a right-side breakdown of the trend line and support at the 4239 resonance point to go short, with a wide defense at the previous high of 4333, targeting 4163, 4111, and a tail position at 4059.
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