Thursday Afternoon Ethereum Latest Real-time Market Analysis
Reviewing last night’s Ethereum, we also provided a bullish approach. The evening market fluctuated within a range without significant volatility, but the actual trading showed a clear slow upward trend, touching the high near 1810 at one point in the morning. Friends who followed the bullish approach last night should have gained quite a bit, as the actual trading is currently fluctuating around 1810. We continue to maintain a bullish approach this afternoon, and in the short term, we can set up small short positions at high levels; conservative traders should wait for a pullback opportunity before making arrangements.
The 4-hour chart of Ethereum maintains fluctuations between the upper and lower bands of the Bollinger Bands. Yesterday's lower band rebounded to the upper band, which created resistance. The closing price was at the middle band. Due to the contraction of the range and insufficient short-term momentum, the current direction is unclear. This is also a period of choosing direction; previously, there was a slight stabilization after a dip, but it has been slow to break through the previous high point, resulting in insufficient upward momentum for the second wave. We continue to wait for consolidation and accumulation of strength, and in the short term, we still focus on the range. The current technical structure is in a contraction and oscillation phase, and we need to wait for news to break the deadlock. Intraday, the short-term trading of Ethereum can be treated similarly to Bitcoin, continuing to participate around the range of high volatility and low momentum.
Trading Suggestions
Bullish on Ethereum in the range of 1750-1780, target 1600.
#以太坊ETF批准预期
Reviewing last night’s Ethereum, we also provided a bullish approach. The evening market fluctuated within a range without significant volatility, but the actual trading showed a clear slow upward trend, touching the high near 1810 at one point in the morning. Friends who followed the bullish approach last night should have gained quite a bit, as the actual trading is currently fluctuating around 1810. We continue to maintain a bullish approach this afternoon, and in the short term, we can set up small short positions at high levels; conservative traders should wait for a pullback opportunity before making arrangements.
The 4-hour chart of Ethereum maintains fluctuations between the upper and lower bands of the Bollinger Bands. Yesterday's lower band rebounded to the upper band, which created resistance. The closing price was at the middle band. Due to the contraction of the range and insufficient short-term momentum, the current direction is unclear. This is also a period of choosing direction; previously, there was a slight stabilization after a dip, but it has been slow to break through the previous high point, resulting in insufficient upward momentum for the second wave. We continue to wait for consolidation and accumulation of strength, and in the short term, we still focus on the range. The current technical structure is in a contraction and oscillation phase, and we need to wait for news to break the deadlock. Intraday, the short-term trading of Ethereum can be treated similarly to Bitcoin, continuing to participate around the range of high volatility and low momentum.
Trading Suggestions
Bullish on Ethereum in the range of 1750-1780, target 1600.
#以太坊ETF批准预期
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,846.03
+1.94%