10.22 Ethereum (ETH) Market Analysis Reference

The intraday trend is linked to the overall market, with the evening market showing a rise followed by a pullback, the price moving upwards to around 4110 facing resistance. Currently, it has touched the low at around 3960 and is rebounding. The screenshot shows that the high coin price is running around 4020,

Looking at the short-term hourly chart, the Bollinger Bands are narrowing, and the market is in slight consolidation. The upward momentum has weakened, and the trend is running above the middle band. If it cannot stabilize above the 4000 level, there is a possibility of a retracement support for the coin price. It is not recommended for coin friends to blindly chase after high prices. From the daily chart, the key resistance to watch is the Bollinger middle axis around 4150. Overall, as long as it does not break through the 4150 level, Ethereum will mainly oscillate in a weak range. Therefore, it is advised to focus on shorting high and buying low, with resistance above at 4150 and support below at 3830.

10.22 Ethereum Short-term Reference:

Attempt to lightly short at 4050-4110, with a stop-loss of 30 points and a target below 4000,

Attempt to go long at 3811-3861, with a stop-loss of 30 points and a target above 3910,

The article may have delays in sending, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment and grasp of the market are, you must ensure to take profits and set stop-losses well. Secure profits #BTC #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETH（二饼）