10.24 ETH midday market


Today's ETH market is like a "counterattack charge in a desperate situation" —

After the market opened in the morning, it was still "lying down and resting" at the low of 3807.01, and many traders were sweating as they stared at the screen. But it wasn't long before the market suddenly surged as if the acceleration button had been pressed, with a straight big bullish line shooting up, directly reaching the high point of 3988.00, an increase that shot up to 2.32%, and the price firmly settled at 3969.27, with the account numbers jumping up in rhythm, even more invigorating than coffee.

However, there is a little "twist" hidden in this surge: the price is rising sharply, but funds have net outflows of 99.01 million, as if a group of "veterans" quietly withdrew during the peak, leaving a group of new traders looking at the K-line and murmuring: is this a "pursuit of victory" or should we be wary of a "cold shot" in a pullback?

Looking at the BOLL bands again, the price has just brushed against the upper edge and then pulled back, like an advancing troop that has touched the enemy's defense line and is taking a moment to regroup; even the MACD is "racing" with the heart, with DIF and DEA sticking together, as if the market is pondering: should it continue to charge forward or take a breather next?
ETH2,39%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin