⚡️⚡️Attention⚡️⚡️
📒…Ether (ETH) scenario analysis📊…
⚡️…Ether price trend data📊📈Analysis…
1️⃣: From the K-line pattern data📊:
In recent days, the price of Ethereum has fluctuated back and forth in the range of 3390 to 3562, forming a pattern of oscillation and consolidation. The weekly K-line of the big cycle is still bullish overall📈…The daily K-line🈶 shows a slight correction sign…
Since the big positive line appeared on July 19, the K-line showed high-level fluctuations in the following days. It is always at the 618 pressure level of 3529.24. Although there was a breakthrough in the middle, it did not stand firm and was quickly pulled back. The strong support of 3390 below has never been broken...
2️⃣: Analyze from the technical indicator data:
(1) MACD: Both DIF and DEA are positive, but the MACD bar chart shows a gradually shortening trend, indicating that the bullish force is weakening and it is possible to enter a period of adjustment.
(2) RSI: RSI14 is currently at 55.83, close to the neutral area, not obviously overbought or oversold, and market sentiment is relatively stable.
(3) EMA: The current price of 3452.15 is slightly higher than EMA7 (3445.04), but the distance from EMA30 (3361.42) and EMA120 (3302.46) is not large. Overall, there is still support in the short term, but we need to be wary of the risk of a pullback.
3️⃣: Analyze from the trading volume data📊:
The trading volume on July 19th increased significantly, reaching 2389303, and the trading volume decreased in the following days, indicating that the market activity has declined.
The trading volumes in the last two days were 1946040 and 693022 respectively, indicating that the market wait-and-see sentiment has increased.
4️⃣: From the recent information👀 (see the posts in the last few days)
📒…Strategic suggestions…📒【See the suggestions in the previous post】
