$ETH
Brothers, on Monday, Ethereum broke the 2900 position in the early morning, quickly rebounding after dropping to around 2784. Currently, the overall situation on the 4-hour chart is in a state of oversold rebound, but the bulls are gradually weakening around 2880.
From an hourly perspective, the trend is facing the challenge of the middle band pressure of the Bollinger Bands. If it can successfully break through this position, there will be an opportunity to rise above 2900 again; otherwise, it will refresh the lower support levels.
Ethereum reference: 2882 short, looking down to 2782. Defensive point at 45.
Specific points can be discussed in detail with Xiao Shuai in the chat room.
