5.16 Exclusive insights from academicians in the currency circle, the latest market analysis and operation ideas for Ethereum
Let's review first. Ethereum has been deployed in the range of 2910 to 2900 for two consecutive days. It is really painful. After all, it has been held for several days. Until last night, Ethereum was blocked above 2970 and could not go up, so it was pocketed. In the end, it only took 70 points of space. The overall return is not satisfactory. At least compared with Bitcoin, the market of Ethereum is really disappointing. Now it is a wait-and-see stage after taking profit and leaving the market, waiting for the right time to consider entering the market
Let's take a look at today's market. As of the release At around 2:00 a.m. before the article was published, the current price of Ethereum was around 2996. It is expected that the 3,000 mark will be broken, but it will not break too much. Pay attention to the position of 3030 mentioned earlier. The daily K-line is still within the EMA trend indicator. It has broken the 2900 pressure and 2950 pressure levels from the EMA170 bottom 2860 support. Now it has come to the 3,000 integer mark and is blocked by the EMA120 pressure point 3017. The overall trend needs to return to 3050 to be considered a full bullish position. Otherwise, there is a risk of a callback. After KDJ formed a golden cross, MACD's shrinking volume and increasing funds are about to end, and DIF and DEA are also closing upward As long as Ethereum holds the 3000 integer mark, there will be another wave of bullish trends to catch. After all, the pressure level of 3040 in the Bollinger Band has not been reached, not to mention the upper track space is still at 3265. The space in this range is still very large. Each bullish market is always halved compared to the expected market trend. Otherwise, the big cake stretch of Ethereum should also reach around 3250.
The four-hour K-line breaks the EMA trend indicator continuously. It is currently blocked by the pressure of EMA90, which is the 3000 mark. KDJ spreads upward. After MACD increases its volume, polarization will soon appear, because DIF and DEA spread upward from a low position, DIF speeds up, and K-line breaks The Bollinger Band upper rail 2990 pressure level, now the pressure becomes a support point. If the support is not broken, you can make a layout.
The operation ideas of ultra-short contracts are as follows:
The long idea refers to the 2970 to 2950 range for long layout, the first exit point refers to the 3050 to 3090 range, the second exit point refers to the 3150 to 3200 range, and the third exit point refers to the 3300 to 3330 range
The short entry point refers to the 3200 to 3220 range for short layout, stop loss 30 points, and the exit point refers to the 3150 to 3100 range. The specific operation is based on the real-time data of the market. For more information, please contact the author. There is a delay in the release of the article. The suggestion is for reference only and the risk is borne by the user.
As a senior person in the cryptocurrency circle, I have been committed to providing useful advice to everyone, hoping that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself, and learning is endless. The experience learned is the real wealth!
There is no need to over-display your strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it by taking it out for a walk.
I am an academician of the cryptocurrency circle and a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on!
