天运众智
--
Bullish
#ETH走势分析 Strong Attack 8888🧧🧧🧧🧧🧧🧧 Recent ETH trends are relatively strong. From the perspective of short-term technical indicators and medium to long-term influencing factors, there is some upward momentum, but it also faces certain resistances and uncertainties. The following is a specific analysis:
Short-term Trend Analysis
- Price Performance: As of August 24, the ETH/USDT perpetual contract price is $4748.01, with noticeable price fluctuations within 24 hours. The highest price reached $4816.55, and the lowest price touched $4705.99, with a trading volume of 2.8263 million and a USDT transaction amount of 13.47 billion, indicating high market trading activity.
- Technical Indicators: In the 4-hour cycle, the AVL indicator is $4747.43, close to the current price, indicating that the market is generally in a relatively balanced state. MA(5) and MA(10) are entangled, showing that the price direction is difficult to determine quickly in the short term. The MACD indicator is still above the zero axis, but the red bars are gradually shortening, and the bullish momentum is gradually weakening.
- Support and Resistance Levels: The short-term support level is around $4700-4720. If the price falls below this range, it may trigger further adjustments. The upper pressure level is at $4800-4820. If it can break through with increased volume, the price is expected to continue rising.
Medium-term Trend Analysis
- Breaking Key Resistance Levels: On August 24, the Ethereum price maintained around $4735, up 0.50% for the day. Previously, it strongly broke through a symmetrical triangle on the 4-hour chart, confirming a new bullish momentum. If ETH maintains above $4700, the momentum may extend to $4850 and reach the psychological level of $5000.
- On-chain Capital Flow: On August 23, the net outflow amount from the spot market reached $233.7 million, and investors are transferring ETH from exchanges, which usually indicates they will continue to buy rather than sell immediately, providing medium-term support for the price.
Long-term Trend Analysis
- Network Upgrade Impact: After the Pectra upgrade, Ethereum entered a net deflationary mode, with the amount burned exceeding the issuance amount, which is beneficial for long-term price support.
- Institutional Capital Promotion: Several spot ETFs have been approved and options trading has been opened, attracting a large amount of institutional capital, increasing market demand for ETH, which is favorable for long-term price increases.
The above content is compiled from publicly available information and does not constitute any investment advice. The cryptocurrency market is highly risky and uncertain, and investors should make cautious decisions when investing.
Short-term Trend Analysis
- Price Performance: As of August 24, the ETH/USDT perpetual contract price is $4748.01, with noticeable price fluctuations within 24 hours. The highest price reached $4816.55, and the lowest price touched $4705.99, with a trading volume of 2.8263 million and a USDT transaction amount of 13.47 billion, indicating high market trading activity.
- Technical Indicators: In the 4-hour cycle, the AVL indicator is $4747.43, close to the current price, indicating that the market is generally in a relatively balanced state. MA(5) and MA(10) are entangled, showing that the price direction is difficult to determine quickly in the short term. The MACD indicator is still above the zero axis, but the red bars are gradually shortening, and the bullish momentum is gradually weakening.
- Support and Resistance Levels: The short-term support level is around $4700-4720. If the price falls below this range, it may trigger further adjustments. The upper pressure level is at $4800-4820. If it can break through with increased volume, the price is expected to continue rising.
Medium-term Trend Analysis
- Breaking Key Resistance Levels: On August 24, the Ethereum price maintained around $4735, up 0.50% for the day. Previously, it strongly broke through a symmetrical triangle on the 4-hour chart, confirming a new bullish momentum. If ETH maintains above $4700, the momentum may extend to $4850 and reach the psychological level of $5000.
- On-chain Capital Flow: On August 23, the net outflow amount from the spot market reached $233.7 million, and investors are transferring ETH from exchanges, which usually indicates they will continue to buy rather than sell immediately, providing medium-term support for the price.
Long-term Trend Analysis
- Network Upgrade Impact: After the Pectra upgrade, Ethereum entered a net deflationary mode, with the amount burned exceeding the issuance amount, which is beneficial for long-term price support.
- Institutional Capital Promotion: Several spot ETFs have been approved and options trading has been opened, attracting a large amount of institutional capital, increasing market demand for ETH, which is favorable for long-term price increases.
The above content is compiled from publicly available information and does not constitute any investment advice. The cryptocurrency market is highly risky and uncertain, and investors should make cautious decisions when investing.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
19
0