Coin Wave Riding: 8.10 Ethereum (ETH) Market Analysis Reference:

Ethereum is currently priced at 1925, and is overall in a high-level consolidation phase after an upward trend on the daily chart. The price continues to run above the middle line of the Bollinger Bands, relying on support from short to medium-term moving averages, and the medium to long-term bullish structure remains intact. However, the price has tested upward multiple times recently, but has not effectively broken through the previous resistance of 1982. The MACD indicator shows that the DIF is slightly below the DEA, with weak bearish volume and a slowdown in bullish momentum; The KDJ indicator is turning up from a low position, and the RSI is in a neutral range, without extreme overbought or oversold signals, indicating a balanced state between bulls and bears. The previous high of 1982 constitutes significant resistance, and the price has tested this level multiple times without effective breakthroughs, facing clear pressure from above. In the short term, it is highly likely to continue a high-level volatile consolidation.

On the short-term four-hour chart, the market exhibits a sideways grinding trend, with the Bollinger Bands channel continuously contracting, and the volatility range narrowing. The price oscillates repeatedly around the middle line of the Bollinger Bands. The MACD has been operating below the zero line, indicating slight adjustment pressure in the short-term, but the KDJ indicator shows signs of stabilization at low levels, which can limit the depth of the pullback. The market characteristics are very clear: a surge in price may encounter selling pressure from above, while a retracement to key support levels will see buying support. Overall, the trend leans towards oscillating back and forth, and before breaking out of this range, a one-sided market is difficult to initiate quickly. Key resistance levels above are at 1943-1982, and operational strategies should still follow the approach of selling high and buying low.

Coin Wave Riding: 8.10 Ethereum Short-term Reference:

Short Sell: Sell in the range of 1965-1935, stop loss above 2000, target at 1910-1870,

Long Buy: Buy in the range of 1840-1870, stop loss below 1800, target at 1890-1940,

Daily updates on real-time trading strategies, providing free analysis for position recovery and market operation knowledge. Scan the QR code to follow the public account and get added with one click!

The article is published with a delay and is time-sensitive. The above analysis and strategies are personal opinions, for reference only, do not operate blindly!

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。