Li Shengting: 1.5 Ethereum Early Morning Market Analysis and Trading Ideas

Today's Ethereum has been in a fluctuating upward trend, with highs reaching the 3660 line, followed by a rapid drop to the 3600 line. From the current perspective, Ethereum is likely to continue fluctuating around the 3600 line. From the daily technical indicators, the current KDJ and MACD indicators are in a resonant upward phase, while the BOLL indicators are in a downward state. However, the coin price has stabilized above the middle track, and there are significant signs of weakened trading volume. Meanwhile, the MA5 and MA10 moving averages continue to cross upwards, and today's coin price is arranged in a green TD3 bullish pattern, so it is highly likely that the coin price will continue to fluctuate upward in the early morning.

From the 4-hour technical indicators, the KDJ, MACD, and BOLL indicators are all in a bullish pattern and fluctuating upward. The MA3 moving average is also showing varying degrees of bullish arrangement. However, the coin price in the BOLL is in a breaking position. Overall, in the early morning, the short-term estimate is still inclined towards box range fluctuations with an upward trend.

Personally, I expect that in the early morning and during tomorrow morning, the coin price will still be inclined towards an upward fluctuation. Currently, Ethereum is in a high point short-term pressure range of 3600-3650 (there will be a struggle for a breakout in this area in the short term). As long as the strong pressure area is effectively broken and stabilized, Ethereum will release a second wave of relatively strong bullish sentiment, and the next high can be continued to look up to the range around 4116-3972.

The above is my personal analysis of the early morning market, for your reference only #加密市场反弹 $ETH $BTC