Li Shengting: 3.24 Ethereum Evening Market Analysis and Trading Thoughts
Recently took a break for a while, and now I am officially back to the market. Today, Ethereum bulls once again surged high. From the perspective of daily technical indicators, the technical indicators are still in a downward oscillation. Among the daily technical indicators, the MA three-day moving averages are all arranged in a bearish pattern and heading downwards. In contrast, Bitcoin's performance is relatively strong, with the MA 30-day moving average continuously strengthening and exerting pressure. However, the opening amplitude of the BOLL technical indicator towards the upper band has weakened. Although the MA 5-day and MA 10-day moving averages still maintain a fluctuating upward trend, the high-level MA 30-day moving average continues to exert downward pressure, reflecting that there is strong selling pressure above Ethereum.
From the 4-hour technical indicators, the KDJ technical indicator, MACD technical indicator, and BOLL technical indicator are still in a bullish resonance phase in the short term, but the ultra-short-term BOLL technical indicator has shown a technical breakout. It is important to note that the short-term MA 30-day moving average continues to exert downward pressure, and the DIF technical indicator is continuously weakening. For the subsequent trend, there is a high probability of a technical pullback.
Ethereum: Short sell in the range of 2085-2100, Stop loss: 2153, Target: 2030-1970
Bitcoin: Short sell in the range of 87300-87700, Stop loss: 88200, Target: 86800-86000
The above is my personal evening market analysis, for your reference only #Strategy增持比特币 #特朗普：我爱$TRUMP #ETH $ETH