Furious market! Coin Circle Academician 7.18: Ethereum's latest market analysis, skyrocketing and plummeting like reincarnation, thrilling!
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Ethereum's momentum in the past few days is much worse than that of Bitcoin, and it is not as expected. At 0:00 before the release of the daily K-line, the highest was below 3520 and the lowest was above 3410. The market will not always go one-sided. It will step back, but it will take time to wait patiently for the key point of the step back. The EMA15 support has reached 3270 and is still stretching. The top and bottom trend exchange point has come above 3300. MACD continues to increase in volume. KDJ starts to fall after being blocked from moving upward. After the K-line fails to impact the upper track, it will look for new support points. The four-hour K-line currently has a short-term empty trend. It depends on whether the EMA15 trend indicator 3400 support can provide strong support. The next support point focuses on the support of the 3330 to 3300 range. The short-term empty trend relief fund can be grasped. The conservative ones are mainly low-long. After all, there are longs in the big cycle now. MACD shrinks and moves downward, and DIF and DEA spread downward from high positions. KDJ dives downward, Bollinger Bands also shrink, and there is a short-term bearish trend. Can the four-hour K-line stand firm after stepping back to the middle track 3390? Pay attention to the EMA30 trend support point below. If it is not broken, you can arrange it. The idea is as follows: 3480 to 3500 above, short, stop loss 30 points, exit reference 3400 to 3380 range, break to see 3330 to 3300 free fall
3350 to 3330 below, arrange long, defend 3250 to 3270 to cover position Long, target 3350 to 3400 range, break through to 3450 to 3500 range, stop loss 3230 points
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