Ethereum intraday market analysis reference on September 18:
During the Ethereum trading session today, investors should pay close attention to the dynamics of key price levels. The following is the intraday market analysis and operation suggestions.
Key price observation:
- In the afternoon and evening, focus on the 2335 price level. If the closing line of the 1-4 hour level can stand above this price level, it indicates that the bulls are strong and we can expect the subsequent rising market.
Analysis of pressure and support levels (considering +-5 price fluctuations):
- Pressure levels: 2336, 2353, 2373, 2400
- These price levels may form resistance to price increases. When investors approach these price levels, they should consider long profit-taking or short entry.
- Support levels: 2292, 2275, 2255, 2220
- If the price falls back to these support levels and can effectively stabilize, it may be a good time to enter the short-term long position.
Operation suggestions:
- For long position holders, if the closing line at the 1-hour level cannot stand above the pressure level, you should pay attention to timely profit-taking or adjust the stop loss to avoid potential risks.
- For short position operations, you should pay close attention to the test of the support level. If the price falls below the support level, you can consider entering the market appropriately.
Pin position suggestions (consider +3 price fluctuations):- Pin position: 2135, 2015- These price levels are potential reversal points. If the price quickly touches and rebounds, it may indicate a reversal of the trend. Investors should operate with caution.
Real-time monitoring: Investors should pay attention to market dynamics in real time and adjust their trading strategies flexibly. - Risk management: When trading, you should set a suitable stop loss point to control potential losses. - Technical analysis: Combine technical indicators and chart analysis to improve the accuracy of trading decisions. Investors are requested to operate with caution according to their own trading strategies and actual market conditions. The above analysis is for reference only and does not constitute investment advice.
Source public account (Industry Analysis Rocky) $ETH
