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April 6th, Monday, Awei Lunchtime Ethereum Analysis
Driven by strong non-farm payroll data, the Federal Reserve's rate cut expectations continue to weaken, and the strengthening dollar exerts macro pressure on the market. Meanwhile, Bitcoin and Ethereum prices have pulled back from their highs, significantly weakening bullish momentum and increasing selling pressure.
On the 1-hour chart, the price has encountered resistance at the upper band of the Bollinger Bands and is pulling back, with a clear increase in short-term correction risk. Support at the middle band of the Bollinger Bands should be watched below; if broken, further decline may occur.
Trading suggestion: Consider short positions in the 2140-2170 range, with targets down to the 2050-2020 range. #假期持币指南 #比特币矿企要闻 #稳定币争议升温 $ETH $BTC