Crypto Circle Academician: Is 12.5 Ethereum hitting the highest point of the year? Where is the future target?

　　The current price of Ethereum is 3834, it is now 3:35 AM Beijing time, and from the current trend, there hasn't been a better entry point than 3520 in the short term. You can check the updated trading records; after breaking 3800, half has been taken off the table, with the remaining target looking at the highest point of the year, or we will exit if it breaks the neckline. Some fans say they have already secured 300 points and should leave; don’t think about running away when you're in profit and stubbornly holding on when you're in loss. Just follow the trend and act accordingly.

　　The daily K-line has reached a maximum of 3856, and the stretch is not over yet. The bullish trend in the market remains strong, especially as the EMA trend indicator is widening. The daily K-line has jumped four times in a row, which is a rare bullish control. MACD has continuously shown divergence and is moving upwards, with DIF and DEA expanding at high levels. The upper pressure level of the Bollinger Bands has reached 3885, and the middle track has broken 3410. The overall trend has not entered the overbought zone yet, so continue to hold and do not consider shorting for the time being.

　　The four-hour K-line has six consecutive positives, and one can clearly see the terrifying stretch effect of Ethereum under the rotation of sectors. Initially, I thought the four-hour fast line would retrace to the EMA15 trend line at 3695, but it retraced to 3735 and did not continue downwards. MACD is ascending with increasing volume, and the golden cross of DIF and DEA is stretching. The bullish indicators are strong, plus the opening of the Bollinger Bands, with the K-line continuously breaking the upper track at 3815. Do not doubt the will and determination of the main force to stretch; if you haven’t entered yet, protect your current chips and survive first. For those already in, don’t rush to exit; remember, never think about taking profits at the highest point. As long as it doesn’t break the neckline during a pullback, you can always hold onto the bullish position.

　　Short-term reference: Safety first; small losses and large gains are the goal.

　　Aggressive traders can place short orders between 4000 and 4030, with a stop loss of 30 points and a target of 50 to 100 points. In the case of a large bullish trend, don’t hold short positions for too long; run early at the neckline.

　　For long positions, buy between 3670 and 3720, with a defense at 3630, a stop loss of 50 points, and a target looking at 3800 to 3850, and if it breaks, look at 3900 to 3950.

　　Don't forget, the darkest hour is often just before dawn. On the road to pursuing your dreams, you are never alone; you still have me. I wish my fans financial freedom in 2024; let’s work hard together! $ETH #以太坊行情分析 #ETH合约波段 Trading records will be updated; follow me.