ETH Morning Strategy

Bulls ultimately trampled and friction continues, Middle East situation unresolved, strictly prohibit bottom-fishing

The Middle East situation continues to escalate, with Israel facing attacks causing massive casualties, and Iran stating that the battle will enter a new phase. Trump has issued a final ultimatum to Iran, demanding unconditional opening of the Strait of Hormuz within 48 hours, otherwise will strike its power plants.

Affected by the situation, the crypto market's daily line closed in red and broke below the stage new low, Bollinger Bands contraction slowed, KDJ death cross moving downward, MACD also formed a death cross, short momentum emerges, intraday continues to focus on rebound shorting.

Operation Suggestions
ETH - Sell short in the 2100-2150 range on rebounds, targets 2060-2000 below, watch 1960 if broken lower

The above is personal opinion for reference only. Specific operations are subject to Stone Disk #Gate13周年全球庆典