$ETH Long-Term Analysis

Recently, the price has shown a pullback trend after a surge, with signs of a correction near the high point, and the market is under noticeable pressure in the short term.

In the short term, prices may maintain oscillation or further adjust, with the key being whether it breaks below important support levels (MA7 and EMA7). If it breaks, the adjustment strength may expand; conversely, the price may enter a short-term consolidation before testing resistance levels again.

Suggestion: Be cautious and observe the market performance near short-term support levels. If the support level is broken, consider appropriate position reduction or short operations; if the price stops falling and shows stabilization signals (buying patterns or indicator reversals), consider trying to buy on dips.

Technical Analysis

K-line Pattern: The red three soldiers confirm upward momentum, while recent bearish engulfing and belt-hold lines suggest short-term correction pressure.

MA: MA(7) is rising, but the price is approaching the short-term moving average, increasing the risk of short-term adjustments, while the mid-term trend remains strong.

TD: TD sell count reaches the 13 signal, recent high pressure, and the possibility of short-term oscillation consolidation is high.

EMA: EMA(7) is upward, but the price has retreated near the moving average, increasing short-term risks, while the mid-term trend remains bullish.

BOLL: The price has retreated from the upper band to the middle band, volatility is expanding but not showing strength, and short-term oscillation consolidation is expected.

Volume: Trading volume has decreased at high levels, recent selling pressure has increased, and the price may face adjustments and weaken.

MACD: DIF and DEA are approaching the death cross above the zero axis, bullish strength is weakening, and short-term adjustments or sideways movement may occur.

KDJ: KDJ three lines are diverging downward at high levels, with increased high-level correction pressure, and short-term sentiment turning cautious.

RSI: RSI long cycle is overbought, short cycle is retreating, price momentum is weakening, and short-term may tend towards oscillation adjustments.

Potential Long-Term Points!

Buying Point: 3624 (The middle band of the Bollinger Bands, an important short-term support level, if it does not break on a pullback, a rebound is expected.)

Long Stop-Loss Point: 3600 (If it breaks below the middle band and approaches a key integer point, it may confirm a weakening trend.)

Selling Point: 3793.74 (Bollinger Bands upper band resistance level, if it rebounds to this level, consider selling at a high.)

Short Stop-Loss Point: 3826 (Recent high resistance level, if this high is broken, the upward trend will continue.)

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