ETH intraday market analysis on September 30
From the weekly level, the current KDJ indicator continues to rise sharply, MACD short-term shorts are shrinking, and BOLL is still weakening overall. The middle track naturally becomes a strong pressure limit of the trend line (the price is probably still around 3000). In terms of the main chart, MA5 is rising this week, but MA10 and MA30 are not linked. At the same time, MA30 highs continue to suppress downward (this forms a resonance downward pressure of the trend indicator with BOLL), so overall, there is still room for rebound in the short term this week, but the pressure from above is also quite large. In the general direction, if 3000 cannot stand firm, it will still fall.
From the daily chart, the price of Ethereum is trying to fall below MA5 and MA10 before 4 pm, and the red TD1 falling signal has appeared. But then the short position shrinks, and the price of the currency stands on MA10 again, which also shows that the short-term rebound desire is still relatively strong. In addition, the MA three-day moving averages are still arranged to rise at different amplitudes. In terms of the chart, the KDJ and MACD indicators are strong but the volume is weakened. The overall BOLL is fluctuating upward, which shows that there is still a certain room for short-term gains in the day, and the first strong pressure of the high point is still around 2700-2765.
Summary: My personal view on the short-term trend of the day has not changed much. The short-term is still expected to fluctuate upward. The first key strong pressure of the high point is still referenced in the 2700-2765 area. For specific content, please refer to the drawing analysis in the accompanying text.
If the accompanying picture is not clear, you can enlarge it.
The above is a personal analysis of the intraday market, for your reference only.
