Ethereum market analysis for September 10 (midnight):
Just take a look! Pay attention to fluctuations in the early morning, and still pay attention to the potential abnormal movement of large wallet transfers.
Pay close attention to the key price of 2300 in the early morning 1-4 hours.
Currently, Ethereum has reached the price of 2345-2350 that I gave to my disciples at around 4 pm.
If it falls back to 2300 and does not break for 1-4 hours, it is still bullish and still looks at the bull market. If it falls below 2300 in the early morning and does not close above 2300, then this round of rebound market will end and look bearish.
Reference for pressure and support levels (+-5 reference):
Support level: 2301, 2252, 2204, 2155
Pressure level: 2348 (2365 needs to be noted), 2395, 2440
(If it is not stable, go short, if it is stable, just continue to play the long position)
In 1-4 hours, pay attention to the support near 2283 and 2252. If it is not broken, look at the upward movement of 3-5 points to move the stop profit.
Trading suggestions are as follows: If the support and pressure levels are not effectively broken or stabilized, investors can consider reverse operations, and use indicators such as kdj and macd to find potential trading opportunities. This strategy comes from Rocky, a currency analyst. Remember that stop loss is an important part of trading, and it is essential to keep the transaction safe and robust. Implementing a moving stop profit strategy can effectively prevent market pullbacks and protect trading profits.