Coin Circle Li Ying: 4.25 Ethereum stuck at 2300! The battle between bulls and bears is about to break out. Are you bullish or bearish? Latest market analysis and operational suggestions
Family! The current price of Ethereum is 2314. Based on the trending over the last two weeks, it first rose from around 2020 to a high of 2463, then began to retreat and fluctuate, currently hovering around 2300. Overall, it feels like taking a break after climbing a slope; the previous upward momentum was strong, but after peaking, the momentum has weakened, entering a horizontal consolidation phase. Market sentiment is not too excited, nor is there panic selling, which is a typical tug-of-war between bulls and bears. Bulls want to push higher again, while bears take advantage of the rebound to push prices down. At this time, it's easy to have repeated liquidations; novices may chase highs and get trapped, while veterans are waiting for clear signals.
From the Bollinger Bands perspective, the current price is tightly against the middle track at 2322, with the upper track at 2345 and the lower track at 2298, and the channel is narrowing, indicating that volatility is decreasing and a directional choice is imminent. In terms of MACD, DIF and DEA are fused below the zero axis, green columns are shortening, bear momentum is fading, but there is no golden cross yet, still in a weak position. In the moving average system, MA7 is almost coinciding with the price, while MA30 and MA120 create a pressure zone. Short-term moving averages are flat, and medium-term moving averages are slightly downward, indicating a weak trend but signs of stabilization. Overall, indicators are in a critical state, lacking a clear direction, and waiting for a breakthrough or breakdown confirmation.
Short-term trading strategy (Li Ying’s personal guidance, accurately matching the market)
Bullish thoughts: 2300-3320, stop loss at 2280, target 2360 aiming for 2400
Bearish thoughts: 2390-2430, stop loss at 2460, target 2350 aiming for 2320
MA7 is the dividing line between bulls and bears. If it stands firm, the bias is bullish; if it breaks below, the bias is bearish. Currently, it is recommended to wait and see, and enter after a clear direction is established to avoid repeated stop-losses in a fluctuating market. Control the position at 10%-20%, and strictly enforce stop-losses.
Note: The above analysis is solely based on technical logical reasoning by Li Ying and does not constitute investment advice. The market carries risk, and investment requires caution.
Warm reminder: The above content is solely created by the author of this public account. The advertisements at the end of the article and in the comment area are unrelated to the author. Please identify cautiously, thank you for reading.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
