April 12

Weekend Ethereum Market Analysis: Current Ethereum near 1595

The BOLL indicator shows the price is close to the upper band (UP: 1,591.67), and the price is near the upper band, which may indicate a potential pullback pressure.

KDJ has entered the overbought zone, indicating a short-term need for a pullback, but the long-term outlook remains bullish.

Trading volume is significantly insufficient, limiting the upside.

Currently, there are no obvious positive news, focusing on short positions in the short term.

Current price 1595 short,

Take profit in the range of 1550 - 1530,

Stop loss at resistance level in the range of 1660 - 1640.