Last night, multiple alerts were issued warning about high risk and a likely market pullback. As expected, the market experienced a significant decline in the second half of the night. Brothers who went short last night got caught off guard.

Currently, going long at this position requires some caution. The Ethereum 15-minute MACD, RSI, and KDJ indicators are showing varying degrees of bearish divergence. The price is also continuously releasing large volumes at high levels. The 1-hour MACD is starting to form a death cross, and the candlesticks are repeatedly closing with long wicks. The market is gradually turning bearish. Entering long positions at lower levels is fine, but short-term traders need to be cautious of the risks #加密市场行情震荡