9.19 Ethereum midday market analysis and operation ideas
From the perspective of daily technical indicators, Ethereum's price rebounded sharply after the interest rate cut was announced at 2:00 a.m. tonight. The long price then rose to 2400. From this round of volume, the rise is very strong. The current price is also stabilized above the MA5 daily average line. The KDJ technical indicator and the MACD technical indicator are slightly upward. The BOLL technical indicator continues to fluctuate downward. In fact, the technical indicators in the early morning are empty. Of course, this rise is due to the influence of the market, not the technical market. At present, Ethereum is at a critical moment whether it can break through the MA30 daily average line. Whether Ethereum can stand firm at 2450 in the short term is very important, and it also determines whether the monthly gap can be repaired.
From the 4-hour technical indicators, the KDJ technical indicators, MACD technical indicators and BOLL technical indicators are all in the long resonance stage. The short-term MA5-day moving average is rising strongly. At the same time, the MA10-day moving average and the MA30-day moving average both show signs of turning up slightly. The current price of the currency is below the MA30-day moving average, so from the perspective of this round of interest rate cuts, the short volume is completely over. From the perspective of the increase in the past few days, the long volume of Bitcoin is obviously stronger than that of Ethereum, and Bitcoin is currently in a green TD2 upward trend and is undergoing technical adjustments. Therefore, today's operation strategy is recommended to focus on retracement and long positions.
Ethereum: Long positions in the area around 2400-2430 Stop loss: 2353 Target: 2480-2520
Bitcoin: Long positions in the area around 61900-61500 Stop loss: 60800 Target: 62600-63500#美国大选如何影响加密产业？ #加密市场反弹 #BTC #ETH $BTC
