【5-Minute K-Line Rapid Report】ETH is in a stalemate, keep an eye on this position!
Current Market:
- Current price is $1825.6, up 0.28%, but has been pressed against the 24-hour high of $1871, showing a weak oscillating pattern in the short term.
- The middle Bollinger Band at $1826.89 is a key watershed, with selling pressure near the upper band at $1830, and the lower band at $1824 can still hold if it doesn't break.
Sentiment Observation:
- The buy order ratio is 63%, which looks strong, but the actual number of buy orders is only 53 (is the dealer drawing lines?), and although there are few sell orders, they are keeping the price down, showing obvious signs of manipulation by the dealer.
- The trading volume is $628 million, which is lower than the previous days, indicating that big funds are waiting for the U.S. stock market to open tonight to react.
Operational Suggestions:
1. Try going long with a light position around $1824, stop loss if it breaks $1820 (warning for a spike), target the previous high of $1835.
2. Aggressive short positions should wait for the $1830-$1833 area to be unable to hold before entering, remember to set a stop loss at $5, as this market can be very risky.
Mystical Indicators:
- MACD has a golden cross below zero but lacks volume, RSI is flat around 50, a typical “waiting for news” pattern.
- 7-day increase of 1% vs. 90-day halved, long-term holders are crying in the bathroom, while short-term players continue to buy high and sell low to make a profit.
Finally, Daiyu's true words:
This position is stuck, either wait for Bitcoin to lead the way, or wait for the SEC to suddenly make a move. Brothers holding spot, consider going for Layer 2 network profits, while futures traders won't even recover transaction fees today👋 (manual dog head)
