6.3 Ethereum market analysis and operation suggestions
Ethereum Market Analysis
Judging from the short-term K-line chart, Ethereum is currently in a triangle convergence form, and the market may continue to maintain a range-bound state in the absence of significant good or bad news.
From the 1-hour K-line chart, the Bollinger Band channel is very narrow, indicating that the currency price is still in a new downward channel.
There are multiple moving averages (EMA10, 15, 30, 60, 80) and pressure points on the middle track of the Bollinger Band above the current K-line. If the price of the currency can break through these pressure points, it is expected to rise to the top trend line position of 3820-3840. The three lines of the KDJ indicator have just formed a cross-up, showing potential upside space, but this space is relatively small.
The MACD indicator shows that the volume is closing below the 0 axis, and the DIF line is also below the 0 axis, intending to close with the DEA line. This indicates that the market may be in a short-term adjustment period, waiting for further direction confirmation.
Recommendations
Short-term operation: The market is still in a volatile range. Short-term traders are advised to pay attention to the breakthrough of the upper pressure level of 3820-3840. If the price breaks through this pressure level, you can consider following up with a small position and going long. The stop loss can be set near 3740, and the target is in the range of 3920-3950.
Shock operation: For medium and long-term investors, it is recommended to buy low near the lower track of the Bollinger Band (about 3720-3740), and set the stop loss at around 3680. If the price rebounds to around 3820-3840, you can reduce your position appropriately and wait for another callback before re-arranging.
Risk control: As the market is still in a volatile state, you should remain flexible in your operations, avoid heavy positions, strictly set stop-loss positions, and ensure the safety of your funds.
In summary, Ethereum may continue to fluctuate in the short term and the market direction is unclear. Investors are advised to remain cautious in their operations, pay attention to breakthroughs in key technical positions, and strictly control risks.
4-hour Ethereum market analysis and operation suggestions
Market Analysis
From the 4-hour chart, the Bollinger Band channel continues to shrink and narrow, indicating that market volatility has weakened. The currency price has rebounded at the bottom trend line support and is currently testing the intersection pressure position of the upper EMA10, EMA15 and EMA30 moving averages.
The KDJ indicator shows an oversold signal, and the three-line pattern tends to rebound upward. The MACD indicator shows that the volume above the 0 axis is close to the 0 axis position, and the DIF line is approaching the 0 axis downward, with a tendency to form a dead cross with the DEA line, which indicates that the market may have a certain callback pressure in the short term.
Recommendations
Short-term operation: At present, the price of the currency rebounded at the bottom trend line support. Short-term traders can pay attention to the breakthrough situation at the intersection pressure position of EMA10, EMA15 and EMA30 (about 3820-3840). If the breakthrough is successful, you can consider going long with a small position, with a stop loss set near 3740 and a target in the range of 3920-3950.
Shock operation: For medium and long-term investors, it is recommended to buy low near the lower track of the Bollinger Band (about 3720-3740), and set the stop loss at around 3680. If the price rebounds to around 3820-3840, you can reduce your position appropriately and wait for another callback before re-arranging.
Risk control: As the market is still in a volatile state, you should remain flexible in your operations, avoid heavy positions, strictly set stop-loss positions, and ensure the safety of your funds.
Focus on key support levels: Continue to pay attention to the bottom trend line and EMA60 support level (about 3700-3720) during the day. If these support levels can be maintained, the market is expected to rebound further, otherwise be wary of downside risks.
In summary, the 4-hour chart shows that Ethereum may continue to fluctuate in the short term and the market direction is unclear. Investors are advised to remain cautious in their operations, pay attention to the breakthrough of key technical positions, and strictly control risks.
Ethereum market analysis and operation suggestions
Market Analysis
Combined with technical indicators, Ethereum is currently in a high-level oscillation state. In the short term, the market shows a triangular convergence trend, the Bollinger Bands channel is narrowing, and the K line is running in the downward channel. KDJ shows signs of oversold, MACD is increasing near the 0 axis, and DIF also has a trend of turning around and forming a dead cross with DEA. Overall, the market direction is unclear and the volatile market may continue.
4 hours analysis
In the 4-hour chart, the Bollinger Bands continue to shrink and narrow, and the price of the currency rebounds at the bottom trend line support, impacting the intersection pressure position of the upper EMA10-15-30 moving averages. The KDJ three-line pattern tends to be oversold, MACD continues to increase in volume above the 0 axis and approaches the 0 axis position, and DIF is about to touch the 0 axis downward, intending to form a dead cross state with DEA. It is necessary to pay attention to the effectiveness of the bottom trend line and the EMA60 support position.
Recommendations
High altitude strategy
Short position: 3810-3830 range
Stop loss: 3850
Target: 3770-3740; if it continues to fall, pay attention to the two key nodes of 3735 and 3700
Low-long strategy
Long position: Focus on the 3700-3730 range. If the support is not broken, consider long positions.
Stop loss: 3680
Target: The short-term target is 50-80 points. It is not recommended to hold for a long time in case of market changes.
risk control
Strict stop loss: Whether you are shorting or going long, you must strictly set a stop loss to ensure the safety of your funds
Flexible response: As the market is in a state of volatility, operations need to remain flexible, pay attention to market trends in a timely manner, and adjust strategies
Summarize
Ethereum is currently in a high-level oscillation phase. It is recommended to adopt a strategy of mainly trading at high altitudes within the range, and appropriately going long if the bottom support is not broken. Risks must be strictly controlled during operations, and flexibility must be maintained to respond to market changes.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
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