Eth9.14 evening analysis

ETH hit the support near 1581 many times yesterday but never fell below it. Then the support rebounded and fluctuated upwards. The high reached the 1638 line and was blocked and fell back. The low fell to the 1612 line support. The currency price is currently running around 1620, and the four-hour K-line pin is at The MA120 moving average is blocked, which shows that the pressure is very strong. The MACD gradually increases the volume and the double-line golden cross extends upward. The MA7 turning head points upward with the intention of crossing multiple moving averages.

Reference operation: If the price stabilizes at 1625, there will be a chance to break through again. In the short term, the bullish trend is slightly stronger. The daily K-line continues to be positive to form a bullish arrangement. If the price breaks, focus on the 1660-line area.

The operation recommendation is to go long near 1610, stop loss 1580, and target around 1650.

The financial market is ever-changing, and real-time operational guidance is welcome to pay attention and communicate.