Ether

The MACD golden cross above the 0-axis mentioned yesterday on the daily chart.

Today, the expectation seems accurate.

Currently, Ethereum's overall price and signals indicate a bearish outlook.

However, there is strong resistance below Ethereum.

The first position is the 2550 area.

As a neckline for a smaller cycle, it has not yet fully broken through.

The second position is the concentrated resistance area of the daily MA30 and MA60 around the price of 2500; we acknowledge this level, as it is still a round number.

So, if you have bullish expectations above 2500, I think it's bold to try, just remember that if it breaks below 2500, you should try to stop loss on long positions.

For take profit, consider the 2570--2580 range.

On the four-hour level,

MACD is in a high position with a death cross, floating above water; even if the death cross is confirmed, it does not directly suggest a bearish outlook.

The reason refers to the independent MACD pattern.

Lastly, look at the oscillation space referencing the 2600----2500 range.