$ETH /USDT Analysis: High-level fluctuations, testing moving average support
Current price: $4,134.76, intraday pullback 1.88%, operating within key moving average range
Current technical pattern:
· Price is supported near the 7-day and 25-day moving averages (4,125-4,128), current price slightly above this area
· The 99-day moving average at 4,047.63 constitutes strong support below, overall moving average system is upward
· Trading volume 376,600 ETH, normal adjustment volume indicates limited selling pressure
Key positions:
· Resistance level: 4,233.48 (24-hour high), 4,300 (psychological barrier)
· Support level: 4,125 (7-day moving average), 4,066 (24-hour low)
Operation suggestion:
Pay attention to the defense situation in the 4,125-4,066 support range; if it stabilizes, consider gradual positioning, with a stop-loss set below 4,000. If a rebound meets resistance near 4,233, consider reducing positions appropriately. As the leader of the second-layer network, ETH's overall trend still leans toward bullish, but be aware of the overall market volatility risk.
(Analysis based on the latest market data, investment carries risks, decision-making requires caution)