Judging from the chart, ETH is currently in a rebound phase in a downward trend, but the overall upward pressure is still relatively large.
The current price of ETH is hovering between MA5 (5-day moving average) and MA10 (10-day moving average). MA5 is moving upward and is close to forming a golden cross with MA10, showing a rebound momentum in the short term.
However, the MA20 and MA60 moving averages continue to move downward, indicating that the medium- and long-term trend is still bearish and the rebound space is limited.
Bollinger Band Analysis:
The lower track of the Bollinger Band has a certain support effect. The current price is below the middle track, and the Bollinger Band track is still expanding, indicating that market volatility has increased. The upper pressure is near the middle track, which is around 2700 USDT.
If the pressure of the middle track of the Bollinger Band can be broken today, there is a possibility of further rise, but overall, the upward resistance is relatively large.
Volume:
The trading volume has increased during the decline, indicating that there is selling pressure in the market. The trading volume has gradually decreased in the recent rebound, indicating that the rebound momentum is insufficient and we need to pay attention to the subsequent changes in volume.
Today's ETH operation suggestions
First support level: 2600 USDT
Second support level: 2500 USDT
Pressure level: 2700 USDT
Stop loss: 2550 USDT
Operation suggestions:
Short-term operation: Open a tentative position with a light position near 2600 USDT. If the price falls below 2600 USDT but gets support at 2500 USDT, you can add positions at 2500 USDT and set the stop loss at 2550 USDT.
ETH is currently in a rebound phase, but the pressure from above is relatively large, and the overall trend is still weak. Today's operations should be cautious, mainly short-term trading, and strict risk control. The current market is volatile, so it is recommended to flexibly adjust strategies according to market trends, do not be blindly optimistic or pessimistic, and reasonably control positions and stop losses to ensure the stability of operations.
This operational suggestion is based on current market trends and technical analysis, and provides relatively reasonable support levels, resistance levels and stop-loss levels to help investors make more informed decisions in volatile markets.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
If you want to know more about the latest market information and trading tips, click on the avatar to follow Lao Lin. Thank you for reading!
#TON #Ripple于诉讼中取得部分胜利 #PlusToken相关钱包转移ETH #加密市场反弹 #ETH🔥🔥🔥🔥 $ETH $ETH $ETH
