Coin Circle Academician: Ethereum's rising flag pattern formed on September 24. How to find opportunities to get on board in the volatility! Latest market analysis reference

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Yesterday's article said that after hitting 2700, it will continue to hit 2700 after stepping back to the support below 2630. Let's see that the market has hit the 2700 mark again in 24 hours. At 9:25 Beijing time before the release, Ethereum's current price was 2630, just standing at the EMA60 trend line 2635 mark. It fell back and broke below EMA60. EMA30 and 15 are closing. The bullish trend is still there. After the MACD volume-up bottom divergence trend ends, DIF and DEA enter polarization. High sideways trading is inevitable. Sideways trading is After that, it is the choice of direction. Don’t guess whether it is long or short now. Just take precautions. Especially after the long positions of 2220, 2330 and 2400, you must be prepared for retracement and profit-taking. Pay attention to the upper resistance point of the Bollinger Band at 2665. The high-level diffusion of KDJ is blocked and it is trading sideways at a high level. The daily K-line shows an upward flag indicator. The flag support point is around 2550. You can focus on it. As long as 2620 cannot be maintained, there is a high probability that it will further explore the bottom to absorb funds. The four-hour K-line has three consecutive negatives, and it has stepped back on the EMA15 trend support point of 2615. Pay attention to the next The support point is 2565, MACD top divergence shrinks downward, DIF and DEA form a death cross at high levels, further indicating that short-term bearishness is coming, plus the current K-line is testing the Bollinger Band middle track support 2600, and the KDJ death cross trend, the general trend turns bullish, and there is a short-term level retracement, so the idea is to wait for the opportunity to go long after the bottoming out

Short-term thinking reference: Remember that the market is not 100%, so you must set a good stop loss, safety first, small losses and big profits are the goal

2550 to 2580 below, defense 2500 to cover long positions, stop loss 40 points, Target is 2600 to 2650, break is 2700 to 2750

Short above 2700 to 2730, defense 2770 to cover short, stop loss 40 points, target is 2650 to 2600, break is 2565

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