$ETH

(Current ETH) Current Trend Analysis and Direction Forecast

Market Summary

The current ETH price is $3,479.92, with a 24-hour high of $3,547.95 and a low of $3,440.93, trading volume is $784 million. From the candlestick chart, the price is below the MA7 moving average and is constrained by the MA25 moving average, with limited rebound strength in the short term. The MACD indicator shows a weakening of the downward momentum, the DIF line and DEA line are close together, indicating a possible rebound signal.

Key Levels

• Support Levels: $3,440, $3,400, $3,300

• Resistance Levels: $3,500, $3,570, $3,620

Trading Suggestions

• Long Strategy: Enter with a light position near $3,440, if it breaks $3,500 consider adding to the position, set take profit levels at $3,570 and $3,620, and stop loss at $3,400.

• Short Strategy: If it rebounds to $3,570 and fails to break through, consider setting up a short position, with take profit targets at $3,500 and $3,440, and stop loss at $3,620.

Direction Forecast

In the short term, it will mainly be a volatile adjustment, but if it breaks the $3,500 resistance level, it may open up upward space; if it falls below $3,440, bears may exert further pressure. Trading should be cautious, and positions should be controlled.

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