Looking at Ethereum on the current four-hour level, the price fell to around 2872 in the early morning before stopping the decline and rebounding. The price is now back above 3000. In terms of indicators, the three lines of the kdj are about to converge and form a golden cross pattern at a low level. In terms of volume, the rhythm of short positions has clearly slowed down. If it can break through the middle band resistance line of the four-hour Bollinger Bands during the day, it is likely to extend a nice rebound.

Ether reference: 3035 long positions, target 3115. Defense 40 points #BTC #ETH

ETH-9.75%

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Yigold

· 11-20 11:43

In the current four-hour view of Ethereum, after falling to around 2872 in the early morning, the price has rebounded. Currently, the price has once again risen above the 3000 level. Regarding indicators, the three lines of the KDJ are about to converge, forming a low-level golden cross pattern. In terms of volume, the short positions' pace has clearly slowed down. If it can break through the middle band resistance line of the four-hour Bollinger Bands during the day, it may lead to a decent rebound. Ethereum reference: 3035 long, target 3115. Stop loss 40 points #BTC##ETH#

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