7.2 Ethereum midday market analysis and operation ideas

From the perspective of Ethereum's daily technical indicators, the three lines of the KDJ technical indicator turned upward, the MACD technical indicator was in a state of short shrinkage, but the BOLL technical indicator was in a state of oscillating downward pressure. At the same time, the MA5-day moving average and the MA10-day moving average continued to press downward, which shows that the upper selling pressure is still serious, which also shows that the upper pressure is relatively strong.

From the perspective of 4-hour technical indicators, both KDJ and MACD are in the short-term resonance stage, but the ultra-short MA5-day moving average and MA10-day moving average continue to rise and strengthen, while the MA three-day moving average is close to the currency price, and the ultra-short BOLL technical indicator is in the middle track area. Overall, today's currency price fluctuations will not be too strong, and the subsequent market fluctuations will most likely occur at 8 pm and the opening time of the US stock market, so the operation ideas for lunch and evening remain unchanged, and it is recommended to continue to focus on retracement and long positions.

Ethereum: 3435-3395 first-line split position long stop loss: 3353 target: 3485-3530

Bitcoin: 62500-62000 first-line split position long stop loss: 61600 target: 63300-64000#BTC #ETH $ETH