9.1 ETH Morning Analysis

First, let's look at the moving averages. In the 1-hour chart, EMA7 is stuck at 4430, and EMA30 is even more aggressive, pressing down at 4436. Both moving averages are sitting right above us. It's like there’s a wall in front; trying to push upwards in the short term? Difficult! For now, we're still in a 'can't go up' rhythm, so don't rush to chase longs.

Next, let's look at the MACD. The bars are still below water, with a value of -23, indicating that the bears haven't completely exited yet, but there's a small change - the negative value is starting to shrink slowly. It's like the bears are secretly easing up, not as strong as before, which is a small signal, but it's not yet time for a reversal.

The RSI indicator is even clearer, jumping from 26 to 38, and now to 45, showing a three-step upward movement. Previously, the short-term was oversold, and now there's clearly a desire to catch a breath with some rebound demand, but don’t expect this breath to last too long, after all, the moving averages are still pressing down.

Lastly, regarding my viewpoint, currently looking at the range around 4430-4400 for consolidation, and looking down at around 4360-4330.

However, there's one key thing to remember: if ETH breaks directly above 4450, then this strategy needs to be adjusted immediately. Don't stubbornly hold on; if the market changes, our thinking should change accordingly. #ETH走势分析