Ethereum rose to around 4020 in the early morning today and then began to retrace. Currently, the price is running around 3960. From the daily technical indicators, the BOLL technical indicator is in the upper rail area and continues to open upwards. The MA three-day moving averages are all in a bullish trend, with the MA5 and MA10 moving averages oscillating upwards. The KDJ and MACD technical indicators are in a slowly increasing volume state. The intraday trading strategy is that if the price cannot effectively break below the MA30 moving average in the short term, then the price is still expected to rise.

From the 4-hour technical indicators, the KDJ short-term technical indicator is oscillating downwards, but the three-line technical indicator shows a slight upward trend. The BOLL technical indicator is running in the middle rail area and continues to rise, indicating that the bottom buy orders are still relatively strong as support. The DIF and DEA technical indicators are jointly pressing upwards, and the short-term MA30 moving average continues to rise. Therefore, the intraday trading strategy today still focuses on buying on dips. Ethereum can be bought in batches near 3930-3960, with a target of 4030-4060. Bitcoin can be bought in batches near 72000-72400, with a target of around 73800-74600.

The article is time-sensitive, and specific operations are subject to actual trading guidance. Please follow the WeChat public account: Trader Li Shengting.

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