$ETH
Trend:
⸻
🔎 Technical Indicator Interpretation
• Price: $4,613.70, Daily Increase +4.89%, in a relatively strong range.
• Moving Averages (EMA):
• EMA(7)=4,577.46
• EMA(25)=4,572.16
• EMA(99)=4,536.58
→ Short, medium, and long-term moving averages are in a bullish arrangement, indicating a trend towards an upward movement.
• RSI:
• RSI(6)=72.45 (has entered the overbought area)
• RSI(12)=62.72
• RSI(24)=58.64
→ Short-term overheating, with a risk of pullback, but overall still in a healthy upward range.
• MACD:
• DIF=2.79
• DEA=1.75
• MACD=+1.04
→ Red bars continue to expand, indicating strong momentum.
• Trading Volume: 24h trading volume 27.859 billion USDT, volume is increasing, confirming the trend.
• OI (Open Interest): 2.05M, NV=9.38B, indicating active contract funds, which will result in significant market fluctuations.
⸻
📈 Trend Summary
• Short-term (15min - 1h): Strong upward momentum, but RSI is already overbought, may have a slight pullback (support in the 4,578 - 4,550 range).
• Medium-term (4h): EMA in a bullish arrangement, sufficient volume, trend continues upward, if it stabilizes above 4,600, the next target is the 4,680 - 4,720 range.
• Long-term (1d): The overall trend maintains a bullish pattern, but rapid increases may lead to corrections at any time; a pullback near 4,500 before moving up is a healthier trend.
⸻
📊 Trading Strategy
• Long Position: Buy in batches if it pulls back to the 4,570 - 4,550 area, targeting 4,680 / 4,720.
• Short Position: If it rises but does not break 4,680, and RSI remains in the overbought area, you can attempt a short position to profit from a pullback, with a stop-loss above 4,700.
• Risk Control: Support level at 4,550 - 4,500, if it breaks below, timely stop-loss is required.