Today's Market Checkup Report
In the short term, Ethereum's price continues to fluctuate and consolidate. Last night, everyone was waiting for a big result, and it felt lonely. Currently, it is trying to gain support near the middle band of the Bollinger Bands, while the potential bullish engulfing pattern and the potential golden cross signal of the MACD may lead to further rebounds in the short term. The shrinking trading volume and the neutral position of the RSI indicate that the market lacks significant momentum. Therefore, attention should be paid to whether there is sufficient capital support for the breakout above resistance at 2680.
Technical Analysis
MACD: The DIF line is tending to cross above the DEA, the strength of the red bars is weak but starting to increase, indicating that the market may fluctuate and rise in the near future.
Volume: The trading volume has been overall sluggish recently, with decreased activity, showing a strong wait-and-see sentiment among funds.
RSI: The median is fluctuating without direction, approaching the oversold area, but not forming a significant divergence.
BOLL: The price is consolidating near the middle band of the Bollinger Bands, with the bandwidth narrowing and volatility decreasing, indicating a possible directional choice in the market.
Operation Suggestions
Buy between 2480-2450
Protect at 2430
Target 2550-2600