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From the four-hour level of Ether, the current price has once again approached the $3000 mark. Looking at the market data, the morning's bullish rebound failed, forming a downward correction structure of the bearish cannon. The current price is operating near the lower band of the Bollinger Bands. According to the MACD indicator, the double lines have crossed below multiple times, and the short positions' trading volume continues to increase. The current trend is entangled with whether the 3000 level can be defended. If it cannot stabilize firmly in the afternoon, then the space below should reach below 2900 or even further!


Ether: 3017 short positions, target 2917, defense 43 points #BTC #ETH
ETH-0.75%
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