4.25 Ethereum midday market analysis and operation ideas

This morning, Ethereum bears once again tested the first-line support position below. From the perspective of daily technical indicators, KDJ technical indicators and MACD technical indicators are both in a state of long shrinkage, and the BOLL technical indicator is running in the middle track area and the coin price is fluctuating downward. From the perspective of daily technical indicators, there is relatively large pressure between the middle track area of ​​BOLL technical indicators and the upper MA30 moving average, so the ultra-short-term is unable to pull up after touching the pressure level, resulting in a technical retracement of the coin price.

From the perspective of 4-hour technical indicators, KDJ technical indicators and MACD technical indicators are still in a narrow range of fluctuations, and the volume is also shrinking. The ultra-short-term MA5-day moving average and MA10-day moving average are still in an upward trend of fluctuations. For the retracement sentiment of the 4-hour technical indicators, as long as the ultra-short-term cannot fall below the 4-hour BOLL middle track area price, that is, 3140-3100, the currency price will still rise in amplitude, but from the perspective of the ultra-short-term, there is a situation of short-selling breaking. From the perspective of intraday trends or ultra-short-term, the trend is biased towards shorts to a certain extent.

Ethereum can be shorted in batches around: 3140-3165, stop loss: 3215, target: 3100-3070

Bitcoin can be shorted in batches around: 64000-64400, stop loss: 65200, target: 63300-62800#ETH #BTC $BTC $ETH