9.29 Ethereum midday market analysis and operation ideas
From the perspective of daily technical indicators, Ethereum's decline today is not too strong. The current coin price has also created a technical gap with the MA5 daily moving average. Although the MA5 daily moving average and the MA10 daily moving average are in a strong posture, the MA30 daily moving average continues to press down. Although the KDJ technical indicator and the MACD technical indicator are slowly rising, the BOLL technical indicator is still in a downward state. At the same time, from the perspective of daily technical indicators, the BOLL technical indicator and the MA30 daily moving average are both in a suppressed state, so today is still looking at technical retracement.
From the perspective of 4-hour technical indicators, both the KDJ technical indicator and the MACD technical indicator have shown a long-term shrinking change. Although the BOLL technical indicator maintains an upward trend, the ultra-short MA5 daily moving average continues to weaken. From the current point of view, the coin price is likely to fall below the MA5 daily moving average. At the same time, Ethereum has been switching between green TD5 and red TD1. From the side, the coin price has a need for retracement. At present, the ultra-short-term idea remains unchanged, and the shock pressure continues.
The above is the analysis and summary of the midday market. For real-time updates, please follow my homepage. Thank you for your support. #美国8月核心PCE创4月以来新高 #美联储11月降息预期升温 $ETH
