6.6 Ethereum midday market analysis and operation ideas

Ethereum's price ushered in a new round of compensatory rise during the early hours of today. The long orders held for a few days also reached the target position as expected. From the perspective of daily technical indicators, the KDJ technical indicator is running in the central axis area, and the BOLL technical indicator is in a state of continuous strengthening. At the same time, the MA5-day moving average and the MA10-day moving average are in a state of adhesion and rise, and the low point MA30-day moving average continues to strengthen. Therefore, from the overall trend, it is still mainly based on retracement and long positions.

From the perspective of 4-hour technical indicators, the KDJ technical indicator is in the stage of long positions and large volume, the MACD technical indicator is in a continuous oscillation, and the ultra-short-term BOLL technical indicator has now stabilized on the middle track line. At the same time, the MA three-day moving average is slightly upward and runs above the green TD2 long position. From the overall trend, the trend is still biased towards long positions. For midday and evening operation ideas, it is recommended to still focus on retracement and long positions.

Ethereum: Long positions near 3850-3815 Stop loss: 3776 Target: 3920-3960

Bitcoin: Long around 70800-70200 Stop loss: 69700 Target: 71500-72300

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