Ethereum Latest Market Analysis at Noon on Monday
Looking back at the morning, Ethereum started to rebound after hitting a low of 1781, reaching a high of 1802. Although the actual market did not give us the expected pullback, there have been continuous bottom-testing movements in the short term alongside the rebound. Currently, the actual market is fluctuating around 1810, and we still maintain the strategy of buying on pullbacks at noon.
From the current market perspective, the daily structure is still in a range-bound oscillation and has not yet exited the directional choice phase. The MACD fast and slow lines are converging at the four-hour level, and the RSI is around 50, indicating balanced buying and selling momentum, so we need to pay attention to the breakout direction. If the price quickly falls below Ethereum 1750, the short-term trend will turn bearish.
Noon Trading Suggestion:
Buy Ethereum around 1780, with a target to focus on 1870.
