Ethereum has been in a breakout rally since this morning, with the price reaching around 2670 in the evening. From the daily technical indicators, the KDJ indicator shows a golden cross and continues to oscillate upward. The MACD indicator shows that the DIF and DEA indicators have crossed upward, while the MA5 and MA10 moving averages are in a resonant upward phase. The BOLL indicator shows that the price has stabilized again in the upper band area and is slowly opening upward. Regarding the strength of this evening's rebound, the bullish upward momentum has not yet ended.
From the 4-hour technical indicators, both the KDJ and MACD indicators show a golden cross and are resonating upward. The BOLL indicator is continuously strengthening in the short term, and all three-day moving averages are arranged in a bullish formation. The low MA30 moving average continues to strengthen. Currently, the price of Ethereum is stabilizing above the five-day moving average, so the suggested trading strategy for early morning and morning operations is to focus on buying on dips in batches.
Ethereum: Buy in batches around 2655-2625. Stop loss: 2576. Target: 2700-2730.
Bitcoin: Buy in batches around 109000-108500. Stop loss: 107000. Target: 113000.
The above is my personal analysis of the evening market, for reference only. Specific points should be based on real-time guidance.
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