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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Deer Star 8.13 Early Morning Thought Analysis and Operation Suggestions
From the current market situation, the four-hour level shows that the price has retreated after reaching a high, currently above the middle track, forming a certain effective support near the middle track. The MACD double lines have formed a death cross, indicating that short-term bullish strength is weakening and bears are beginning to dominate the market. From the one-hour level, it shows that the coin price is currently in the fluctuation and consolidation stage during the retracement process, with the short-term trend leaning towards a downward correction.
Operation Suggestions:
The pancake is oscillating around 118500-119000, with a target looking towards 120500;
The concubine is hovering around 4500-4460, with a target looking towards 4550.