The price of ETH is approaching the convergence zone of EMA20 (2,459.05) and EMA5 (2,446.92), indicating that the price may face some volatility or adjustment pressure in the short term.

EMA5 and EMA10 have crossed downwards, suggesting a potential pullback in the short term.

RSI Indicator:

RSI(6) is at 37.91, near the oversold area, which may support a price rebound.

RSI(12) is at 36.66, close to the oversold area, which may also indicate that the market is tending towards a reversal.

MACD Indicator:

The DIFF of MACD is at -8.04, indicating significant selling pressure. DEA is at -5.48, which also means that the rebound strength of the price in the short term is weak.

KDJ Indicator:

The K line (32.13) in KDJ is close to crossing the D line (24.68), which usually indicates that buying is starting to rebound, but it is still unstable.

Trading Strategy:

Short Selling Strategy:

If the ETH price breaks through 2,460 USDT and a noticeable pullback occurs, consider short selling, with the target position around 2,420 USDT. Set the take-profit position at 2,400 USDT and the stop-loss position around 2,480 USDT.

Long Buying Strategy:

If ETH finds support around 2,440 USDT and RSI rebounds above 50, consider going long, with the target position at 2,470 USDT, take-profit set at 2,490 USDT, and stop-loss set at 2,420 USDT.

Risk Warning:

The current market is highly volatile, and significant fluctuations may occur, so be sure to pay attention to stop-loss settings to avoid rapid price declines.

The reversal signals of KDJ and RSI are not yet strong, so adopting a conservative stop-loss strategy is a wise choice. 9744194754985221953386