Analysis of the midday trading on September 11. From the 15-minute point of view, the MACD indicator is parallel below the zero axis, the upper and lower tracks of the Bollinger Bands begin to spread up and down, the RSI index is 24.1, and the KDJ index is 14.2, which is in the oversold area. There will be a small rebound in the short term. The 1-hour MACD indicator is dead cross above the zero axis, and the short volume is easing. The RSI and KDJ indicators have formed a dead cross, and the top of the K line forms a double top pattern at the 58,000 position, indicating that the short-term pressure at the 58,000 position is extremely strong, and there is a possibility of a subsequent decline. The 4-6 hour RSI and KDJ indicators have entered the overbought area, and there will be a subsequent correction demand. The MACD indicator is about to form a dead cross above the zero axis, and the short volume begins to ease and increase. The long volume The volume can continue to shrink. In the short term, bears dominate the market. From the daily line, MACD forms a golden cross below the zero axis, and the RSI and KDJ indicators have formed a golden cross. The trend is still bullish in the future. The short-term support below is around 56200-55500, and the upper pressure is around 58000-58300. It is recommended to open positions in batches in the 56200-55500 range and go long. The target is around 58000-58300.
ETH's upper pressure is around 2390-2400, and the lower support is around 2317-2305. In terms of operation, you can open positions in batches around 2317-2305 and go long. The target is around 2390-2400. The strategy is for reference only and does not constitute an investment basis!