$ETH 24-hour trend [down] July 11

[Buy and sell points]

Buy point 1: 3050 USDT (close to the previous low, and there is support at the integer level)

Buy point 2: 3000 USDT (strong support at the integer level, and close to the lowest point on July 8)

Long stop loss point: 2950 USDT (it may fall further after falling below 3000, set at a lower integer level to prevent risks)

Sell point 1: 3200 USDT (close to the recent high of 3129.15 =Selling point 2: 3300 USDT (strong pressure at the integer level, close to the EMA30 moving average)

Short stop loss point: 3350 USDT (may continue to rise after breaking through 3300, set at a higher integer level to prevent risks)

[Price trend analysis]

K-line pattern:

The recent K-line shows a volatile downward trend. Since July 4, the price has gradually dropped from 3294.75 to 3127.26. A long lower shadow appeared on July 8, indicating strong buying support at low levels.

Technical indicators:

MACD: Both DIF and DEA are negative and continue to decline. The MACD bar chart shows that the short-selling force has increased, but it has weakened in recent days. RSI: The RSI14 value hovers around 40, not entering the oversold range, but close to the oversold area, and there may be a rebound. EMA: EMA7 (3099.89) < EMA30 (3297.05) < EMA120 (3281.40), short-term, medium-term and long-term moving averages are in a bearish arrangement, and the overall trend is bearish. The current price is slightly higher than EMA7, and it is necessary to pay attention to whether it can effectively stabilize.

Trading volume:

The trading volume on July 8th increased significantly, reaching 4593820. In the following days, the trading volume fell back but remained relatively active. The trading volume has decreased significantly in the past two days, and the market is in a wait-and-see mood. #币安合约锦标赛