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Ethereum's recent movements are becoming increasingly sluggish, hovering around 2860 in a half-dead state, with both bulls and bears lacking passion. Currently, the price is barely holding above the middle band of the Bollinger Bands at 2834, but the pressure at 2960 is like a mountain. The RSI is lifeless around 50, and the momentum is weakening after the MACD golden cross. The most troublesome part is the large sell order of 2894 million pressing down from above, along with continuous capital outflow, making it very difficult to push upwards in the short term. #非农数据超预期
Operation idea:
A pullback near 2830-2840 can be taken with a light long position, stop loss at 2800, target 2880-2900.