Cryptocurrency Scholar: On April 23, Ethereum (ETH) will peak in conjunction with BTC! Daily chart sets the direction, 4-hour chart gives the points. After reading, should you act directly? Latest market analysis and action suggestions

　　Ethereum's current price is 2397. This wave of rebound in ETH completely follows BTC, showing very strong correlation. When BTC drops, ETH panics more than anyone. It has just crossed a key resistance, don’t let a small bullish candle cloud your judgment; buying on dips is the way to go, and always set a stop loss. Don't think that missing this wave means no more opportunities; the market always has opportunities. Safety first, securing profits is the real gain!

　　From the daily chart, ETH is currently in a rebound recovery phase, with prices above the short-term moving average, but still under pressure from the EMA60 moving average. The medium-term trend has not completely reversed. The MACD golden cross has just formed, and the red bars are very short, with upward momentum still in its infancy, and its sustainability is in doubt. The middle band of the Bollinger Bands has just broken through, with the upper band around 2470 still being strong resistance, hence rebound space is limited. The current price is below previous highs, and the volume has not increased correspondingly, indicating a potential divergence between price and volume, raising the risk of chasing highs excessively.

　　Looking at the 4-hour cycle, ETH shows a bullish tendency in high-level fluctuations, with prices oscillating upward around the EMA15 moving average. However, the MACD red bars are starting to shorten, and the DIF and DEA are flattening out at high levels, indicating a clear decline in upward momentum, with signs of a top divergence emerging. The Bollinger Bands are beginning to narrow, with prices repeatedly testing the upper band; selling pressure is increasing from above, accumulating demand for a short-term correction. The cost-effectiveness of chasing highs in this high range has significantly decreased, so buying on dips is more prudent.

　　 Short-term reference: (Practical data has been updated; please consult the author for details)

　　For upward movement from 2360 to 2380, set a stop loss at 2330, and aim for a target of 2430 to 2480.

　　For downward movement from 2430 to 2450, set a stop loss at 2470, and aim for a target of 2380 to 2350.

　　Current ETH is a typical follow-up rebound; it rises with BTC and falls faster than anyone else. The risk of chasing long positions at high levels far outweighs the rewards. Don’t think that missing out means no more chances; the market is always full of opportunities. Regardless of bullish or bearish positions, always set a stop loss; do not hold onto losing positions—if BTC corrects, ETH will drop without mercy!

Friendly reminder: The above content is created solely by the author of this public account. The advertisements at the end of the article and in the comments section are not related to the author. Please discern carefully. 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。