Poem analysis by Shiyao at 11.17 early morning: #BTC #ETH (ETH)

From the 4-hour level chart analysis, the Bollinger Bands show a horizontal opening trend, and the movement is relatively stable. In terms of MACD, the trading volume has decreased, and there is a lack of continuous expansion momentum, indicating that the current bull-bear struggle has not shown a clear one-sided outcome.
Although the KDJ indicator has diverged downward in the early stage, a callback upward signal has already appeared at the bottom, and there is a high probability of a reversal forming a golden cross in the future. Considering various technical indicators, the price has strong support at the bottom in the short term, making the possibility of an effective breakdown relatively low. Based on this, bulls are expected to launch a counterattack, and in terms of operation, the strategy of buying low will continue, waiting for the right opportunity to enter.
ETH suggestion: Go long at 93500-94000, target 95000-96000
ETH suggestion: Long between 3025-3075 with a target of 3150-3200
#代币化热潮