$ETH
ETH/USDT Pair Analysis
- Trading Recommendation
Current Situation:
- Price: 1,801.16 USDT (down -0.46% from 1,807.63).
- Volume (24h): 664.54M USDT (high liquidity).
- Moving Averages:
- MA(7) above MA(25): Short-term bullish signal.
- MA(99) at 1,644.06: Strong long-term support.
- Technical Indicators:
- MACD negative (-3.72): Slight bearish momentum, but the difference between DIF and DEA is small (28.90 vs 32.62).
Recommendation:
1. Short-term trend (daily):
- Buy at 1,790-1,795 (support MA7 and previous resistance).
- First target: 1,820 (near resistance).
- Stop loss: 1,775 (below MA25).
2. Medium-term trend (weekly):
- If the price breaks 1,820, it may target 1,850-1,880.
- If it drops below 1,775, it may retreat to 1,740 (support MA2).
3. Warnings:
- Negative MACD indicates potential correction, but high liquidity supports price stability.
- Monitor ETH news (such as network upgrades or movements of large investors).
Summary:
- Short-term trading: Buy at support 1,795 with stop loss at 1,775.
- Conservative traders: Wait for a break above 1,820 to confirm bullish momentum.
The recommendation is based on technical analysis and does not cover all risks. Capital management is essential.
