ETH Yong Ge's Evening Thoughts: Rationally Bullish, Seize the Opportunity
Good evening everyone, let's sort out the current market dynamics of ETH together to provide some references for evening operations:
MACD Indicator: The daily level has shown potential golden cross positive signals, but the momentum in the short term is slightly divergent, overall still transitioning towards a positive trend.
RSI Indicator: The current value is close to 70, at the edge of being overbought. This actually reminds us that the market may need some technical adjustments or consolidation in the short term to better digest the recent increase, making future trends more stable.
From the news perspective, there are also positive movements worth noting: a new wallet address has withdrawn a large amount of USDT from Coinbase and purchased ETH worth about 44.78 million USD, with an average transaction price around 4720 USD, which reflects the market's confidence in ETH from the side.
Considering both technical and news aspects, Yong Ge still maintains a bullish outlook in the evening, but it is more advisable for everyone to rationally grasp the timing of entry. Focus on the range of 4680-4710, and if a suitable opportunity for going long can be found nearby, there is hope to capture a profit space of 40-80 points. Remember to do a good job of risk control during operations, and I wish everyone a successful evening of trading! #ETH走势分析