Ethereum

1. A correction was formed after the monthly high stagflation, and it is currently undergoing a 4-wave adjustment. For the potential correction position in the market outlook, you can pay attention to the middle track of the BOLL band.
2. The daily line shows a deformed evening star bearish combination in the recent K-line, and the pressure is at the double suppression point of the middle track of the BOLL belt + the middle track of the channel.
3. In terms of trading, if you follow the trend and go short on rallies during a downward trend, you can focus on the reverse suppression of the sub-low point at the previous bottom + the downward trend line and the upper track of the channel.

Trading straregy
Short order: 60500-61000 short in batches, stop loss 62000, target 59500-58000 (short-term within the day)

The above opinions are for reference only. Transactions are at your own risk and pay attention to risk and position control.