Currency Circle Liying: 4.4 Ethereum is closely tied to the lower Bollinger Band, hanging by a thread, with 2050 becoming the ultimate battleground for bulls and bears! Latest market analysis and operational suggestions
The current price of ETH is 2049, stuck below the middle Bollinger Band at 2081 and below MA30 (2081), while MA7 (2056) is forming short-term resistance above. The Bollinger Bands show a significant narrowing pattern, with the upper band at 2108 and the lower band at 2028, creating only an 80-point range, and volatility has dropped to a freezing point, indicating that the price is about to choose a direction. In the MACD indicator, DIF and DEA are stuck below the zero axis, with weak green bars, showing that bearish momentum is waning, but no golden cross reversal signal has appeared. The overall structure shows a temporary balance between bullish and bearish forces, with the market in a calm before the storm, waiting for a key breakout.
The price is running closely to MA7 (2056). If it breaks below, it will test the lower Bollinger Band at 2028 and the previous low support at 1936; if it rebounds and breaks through MA30 (2081) and the overlap with the middle Bollinger Band at 2081, it is expected to open up upward space to the upper Bollinger Band at 2108. After the death cross of MA7 and MA30, they continue to exert pressure on the price, but MA120 (2065) is still on an upward trend, and the long-term trend remains unchanged. Current trading volume is shrinking, indicating that the market is primarily on the sidelines, waiting for breakout signals.
Short-term practical strategy (Liying's exclusive teaching, accurately matching the market situation)
Long position idea: Buy at the current price, stop-loss at 2025, target at 2080 aiming for 2100
Short position idea: Sell at 2080, stop-loss at 2100, target at 2030 aiming for 2000
Oscillation strategy: High sell and low buy within the 2028-2081 range, set a stop-loss at 2100 for the upper side and a stop-loss at 2015 for the lower side.
The market will always reward those who respect trends and strictly adhere to rules!
Note: The above analysis is solely based on technical logic deduced by Liying and does not constitute investment advice. The market carries risks, and investments should be approached with caution.
Warm reminder: The above content is solely created by the author on Weibo. The ads at the end of the article and in the comment section are unrelated 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。
