Cryptocurrency Li Ying: The bull market logic remains unchanged on 12.14! Follow the main force to accumulate! How to find opportunities for Ethereum during the high-level consolidation? Latest market analysis

　　Article published on 2024.12.14----01:25

　　Ethereum's current price is 3919. Have you caught this sky-high fortune? Li Ying's idea of going long at 3850 yesterday aimed for 4000. Although it peaked at 3970, there was still a 120 point space. Congratulations to those who followed along. Li Ying's real-time thought finally settled at 3950, as the market showed a trend of pullback, indicating that the main force would harvest around 3900. Since this is the case, why not follow the main force and take a few more waves? This way, the accumulated space would be more than just a hundred points.

　　Looking at the current market, Li Ying is still analyzing the price trend. The current K-line pattern fluctuates within the range of 3800 to 4000, forming a relatively narrow consolidation area. A noticeable upward breakthrough occurred from the 11th to the 12th, but it was followed by a pullback, and it is now in a state of high-level consolidation. The technical indicators MACD currently have both DIF and DEA in positive territory, and the MACD histogram shows a bullish trend, indicating that the market still has upward momentum, but the momentum is not strong.

　　The relative strength index RSI14 is close to 60, not yet in the overbought zone, indicating that there is still some upward space in the market. The trend indicator short-term EMA7 has crossed above the medium and long-term EMA30 and EMA120, showing a strong short-term bullish trend. Additionally, the trading volume has increased, especially during the significant rise on the 12th, indicating an increase in capital activity. In this situation, Li Ying has reason to believe that the main force is likely accumulating. Regardless of how it goes, we adhere to the main line of thought, focusing on buying on pullbacks to support and selling on pressure.

　　Today's latest point reference

　　Buy point 3850, add at 3800, stop at 3750, target 4000

　　Sell point 4000, add at 4050, stop at 4100, target 3850

　　The above analysis is based on market data and trend analysis of the market and does not constitute investment advice. For family reference $ETH #以太坊行情分析