Daily analysis: Long and short game, the callback still needs to confirm support
From the daily chart, the current price of Ethereum is 3144. In the short term, the price has fallen back from the high of 3449, and the bullish momentum has weakened. The K-line runs above MA10 (3127), indicating that there is a certain support at this position. Although the MACD indicator maintains a golden cross pattern, the red column continues to shorten, indicating that the bullish momentum is fading. If the MA10 support can be stabilized and effectively stabilized during the day, the price is expected to test the pressure of the 3200-3250 area again; on the contrary, if it falls below the 3127 support, the key support below will be near MA30 (2749).
Key points:
Pressure level: 3200, 3250
Support levels: 3127, 3000
Four-hour line analysis: shock downward, pay attention to short-term support
The four-hour chart shows that the price of Ethereum has entered a state of shock adjustment after falling from 3449. It is currently running below EMA7 (3150), and the overall pressure is obvious. The middle track of the Bollinger Band forms a short-term support near 3130, while the MACD indicator is close to the zero axis and the bar chart is close to turning negative, indicating that market sentiment tends to be cautious. If the price continues to be constrained by the pressure of the middle track, the downward movement may test the support of the lower track of the Bollinger Band at 3080; if there is a short-term rebound with large volume, there is a chance to hit the 3180-3200 range.
Key points:
Short-term support: 3130, 3080
Pressure level: 3180, 3200
Hourly line analysis: short-term fluctuations, waiting for direction selection
In the hourly chart, the price fluctuates around the EMA7 and EMA30 moving averages, showing a volatile trend. The MACD indicator short-term dead cross, and the green column gradually expands, indicating that the bulls are weak in the short term. If the price falls below the 3130 support, it may test the 3100 line or even lower. The upper pressure focuses on the EMA7 (3150) and the previous high 3160 area. If it can break through in the short term, it will further boost market confidence.
Operation suggestions: Buy low and sell high, and make flexible layout
Long order strategy
Entry range: 3120-3140
Stop loss: 3100
Target: 3180, 3250
Short Order Strategy
Entry range: 3180-3200
Stop loss: 3220
Target: 3130, 3080
Risk Warning
Ethereum is currently in a correction phase, with large short-term fluctuations. You need to be flexible in your operations and set stop losses strictly. At the same time, pay close attention to changes in market news and the increase in trading volume to determine the subsequent trend. Stay patient and rational, and avoid chasing ups and downs.
