6.27 Ethereum midday market analysis and operation ideas
In the early morning of today, the price of Ethereum fell to 3325, and did not effectively break the support level of 3300. At the same time, the price of the currency quickly rebounded to the 3360-3380 area for box-shaped oscillation. From the perspective of daily technical indicators, the KDJ technical indicator and the MACD technical indicator fluctuated downward, and the BOLL technical indicator was in a falling state, but the short-term decline was not particularly strong. From the perspective of the entire trend line, it is very important whether the currency price can effectively break through the key position of 3300. On the contrary, if the currency price effectively stabilizes above 3300, then the bulls will rise with the trend.
From the 4-hour technical indicators, the three lines of the KDJ technical indicator turned upward, the MACD technical indicator continued to shrink, and the BOLL technical indicator was running in the middle track area. At the same time, because Bitcoin was in the TD13 lagging state, the key pressure level of Ethereum 3300 was not effectively broken. Based on the comprehensive technical indicators and experience, the operation ideas for lunch and evening are still mainly based on retracement and long positions.
Ethereum: 3370-3335 near split positions to go long, stop loss: 3309, target: 3430-3460
Bitcoin: 60750-60350 near split positions to go long, stop loss: 59700, target: 61500-62300#BTC #ETH $ETH