Ethereum (#ETH🔥🔥🔥🔥 ) Market Analysis and Trading Suggestions

Market Review

ETH rebounded after hitting a low near **3253** in the early morning, and it has completed the low retest, with the trend gradually moving upwards. The Bollinger Bands are showing an expanding state, with the price operating above the middle band, indicating a strong trend and forming a clear two consecutive bullish candlestick pattern.

Technical Analysis

1. Moving Average Trend: The middle band and MA moving averages are both maintaining an upward movement, further confirming the bullish trend.

2. KDJ Indicator: Displays bullish divergence, continuously gaining strength, supporting upward momentum.

3. MACD Indicator: The red momentum bars continue to expand, showing strong market buying interest.

Trading Suggestions

Trading Direction: Follow the trend with long positions

- Entry Zone: 3335～3315

- Take Profit Target: 3400～3445

- Stop Loss Position: 3280

Maintain flexible adjustments; pullbacks can be seen as entry opportunities, while also paying attention to strict risk control and executing stop-loss protection strategies!#ETH🔥🔥🔥🔥