Trend structure 1834→2054 a complete main rally, no continuation after 2054


Continuous small bearish pullbacks appear. The current structure is a high-level oscillation and decline
The lows are gradually rising, still within a bullish structure
But it has entered the phase of diminishing bullish momentum.
The upper band of the Bollinger Bands is around 2055, the middle band is between 1975~1985. The current price is above the middle band
Indicating it is still in a strong consolidation, but not in an acceleration phase. As long as it does not break the middle band, the trend is not considered bearish
MACD red bars are shortening, the two lines are approaching, showing signs of a death cross
Indicating the upward momentum is significantly weakening, possibly entering a consolidation and shakeout
RSI around 61 is retreating from the overbought zone but still in a strong zone, indicating a strong consolidation rather than a top.
Resistance 2050 Support 1985
After reversing from 1834, it strongly surged to 2054.
Currently in high-level oscillation and consolidation. MACD momentum is slowing down, RSI remains in a strong zone.
As long as it holds above 1985, the trend is not bad. It will only turn weak if it falls below 1980.
Focus on whether 2055 can be broken again. Whether 1985 becomes a defensive level.#美国以色列突袭伊朗BTC短线跳水 $ETH
ETH5,81%
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