Li Shengting: 8.5 Ethereum Midday Market Analysis and Trading Ideas
Ethereum has been in a phase of oscillating upward during the early hours. From the daily technical indicators, both the KDJ and MACD indicators are in an oscillating upward phase, while the BOLL indicator continues to open upwards, and the middle track is steadily rising. From this perspective, it can be understood that the trend of the BOLL indicator is very strong. At the same time, the MA three-day moving averages are arranged in a bullish pattern to varying degrees, and the current coin price is steadily stabilizing above the five-day moving average. Additionally, the Ethereum exchange rate has been continuously rising, and the midday drop has not effectively broken below the support level, so the outlook is naturally bullish.
From the 4-hour technical indicators, the KDJ indicator is rising from a low position, the MACD indicator shows continued bullish volume in the short term, the RSI indicator is above 80, and the MA 30-day moving average is steadily strengthening. The BOLL indicator's overall track is slowly heading towards the upper track, and currently, the short-term Ethereum is firmly standing on the green TD3 upward signal. Personally, I believe that the coin price will welcome a new round of bullish volume in the afternoon and evening.
Ethereum: Buy in batches around 3650-3615 Stop Loss: 3567 Target: 3750-3780
Bitcoin: Buy in batches around 114500-113800 Stop Loss: 113000 Target: 115500-116500
The above is my personal analysis for the midday market; specific points and direction changes are subject to real-time guidance.