The mid-term technical analysis of Ethereum shows that the price has effectively confirmed at $1810, with a golden cross formation between the 55-day and 200-day moving averages as a precursor. The middle band of the Bollinger Bands provides support, presenting a bullish arrangement in the technical landscape.
After the N-shaped breakout on the micro order book, there was a decrease in volume during the pullback to validate the selling pressure, but the OBV indicator hitting a new high indicates that capital inflow is ongoing. On-chain data shows that the ETH balance on exchanges has reached a new low, and the leverage in the derivatives market is controllable, indicating healthy market sentiment.
Operational suggestion: establish positions in the $1830-$1850 range, with a stop loss at $1790 and targets of $1980 and $2100, using a pyramid scheme to control risk. Attention should be paid to the ETH/BTC exchange rate and changes in market volatility, establishing probabilistic thinking to optimize the trading system.
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