$ETH $ETH Saturday Market Analysis

Has 88592954309 successfully formed a bottom? The 2556 buying signal has appeared!

The current quote is around 2555, after a deep pullback from the 2879 high point, strong support has been found around the 2500 line, bearish momentum is weakening, and a bullish counterattack is imminent!

Three major cycles resonate bullish:

Daily: After a large bearish candle, a series of small bullish candles followed, MACD bottom divergence is showing, and the long lower shadow at 2500 confirms support;

4-hour: Double bottom probing + EMA7 golden cross is imminent, the Bollinger lower band is turning, aiming for 2600-2650;

1-hour: Small-level bottom divergence + moving average golden cross, short-term rebound trend is taking shape!

Intraday trading advice: 【Focus on buying on pullbacks】, the weekend market is likely to oscillate and wash out, specific trading ideas need to be adjusted according to real-time market changes!!!🔥🔥🔥