As Trump's early-week deadline to "attack Iran's energy facilities" approaches, and with no signs of negotiations between the US and Iran, the US stock market has experienced a steady decline throughout the day. The S&P 500 and Nasdaq indices ultimately recorded their largest single-day drops since the US-Israel-Iran conflict on February 28. Unsurprisingly, crude oil prices surged again. Last night, Bitcoin and Ethereum were affected by the M盘, and throughout the early morning, they declined steadily. Ethereum dropped to a low of 2033. On the hourly chart, prices rebounded to the middle band of the Bollinger Bands after hitting the lower band but faced resistance again. The KDJ indicator on the chart turned downward again, and trading volume decreased further. Overall, the trend remains weak. Short-term, it is not recommended to chase long positions. Maintain a bearish outlook; if the M盘's three major indices continue to plunge tonight, breaking below 2000 is not far off.


Ethereum: Short at 2062, target 1962, stop loss 40 points #BTC #ETH
BTC-4,15%
ETH-3,84%
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