ETHUSDT 1w Market Analysis Report

According to CoinAnk's Market Data

Current Price: 2659.03 USDT

24-hour Change: +4.326%

Key Support Levels: S1=1882.70 USDT, S2=1107.04 USDT, S3=679.08 USDT

Key Resistance Levels: R1=3086.32 USDT, R2=3514.28 USDT, R3=4289.94 USDT

Current Trend: Strong Uptrend with Potential Consolidation

Detailed Explanation:

Technical Indicators Overview:

Moving Averages: MA5 (2405.34) MA10 (2038.74) MA20 (2311.60) MA120 (2471.56) Bullish Alignment

MACD: DIF (-148.71) is above DEA (-240.46) with a positive histogram (91.75) Bullish Momentum

BOLL: Price is near the upper band (3355.91), indicating potential overbought conditions, but %B (0.67) suggests room for further upside

RSI: RSI6 (73.04) is in overbought territory, while RSI12 (56.36) and RSI14 (54.36) are neutral Caution Advised

KDJ: K (76.48) D (57.30) with J (100.00) at maximum Strong Bullish Signal

Indicator Data:

Funding Rate: 0.01000000% Neutral, no significant bias

Volume Analysis: Recent K-line shows increasing volume (8,774,799) during the uptrend, confirming bullish momentum

Capital Flow: Significant net inflows over 24H (1,569,116,291.78) and 6H (1,501,901,563.27) indicate strong buying pressure

Analysis Conclusion:

Direction: Bullish (Consider Long Positions)

Entry Timing: Enter on a pullback to support levels, ideally near 2508.00 USDT (24H Low) or 2405.34 USDT (MA5)

Stop Loss: Set at 3% below entry point to account for volatility (e.g., 2433.26 USDT if entering at 2508.00 USDT)

Target Price: Aim for resistance levels R1 (3086.32 USDT) and R2 (3514.28 USDT), offering potential gains of 18.1% and 32.1% respectively

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Always conduct your own research before trading.$ETH