$ETH With the arrival of the weekend, the market seems to have entered a state of calm, which usually means that trading activities will decrease and price fluctuations will also decrease. Unlike the unilateral market last week, this week's weekend market is more inclined to sideways, which is not common in history. Usually, the main players in the market will choose to rest on the weekend and enjoy their achievements after completing a round of operations. At this time, market participants generally accept this trend, and no one is willing to take the risk to break this balance, because doing so is likely to attract the attention of the main players and be liquidated.

Liying first provides some analysis from the perspective of price trends. At present, the price fluctuates in the range of 2600 to 2650, forming a narrow range of fluctuations. The previous high of 2663 and the low of 2630 constitute the short-term pressure and support levels. From the technical indicator MACD, both DIF and DEA are in negative values ​​and are gradually approaching, which indicates that the strength of sellers is weakening, and the market may see a golden cross, that is, the short-term moving average crosses the long-term moving average, indicating that the bullish trend may continue, and may even trigger a new round of unilateral rise.

The relative strength index (RSI) is currently at 56.70, which is in a neutral zone, neither entering the overbought nor oversold state, indicating that the market currently has no obvious trend direction. The trend indicator EMA7 is close to the current price, while the 30 and 120 EMA lines show a bullish arrangement, showing that the long-term trend is still biased upward. In addition, the current trading volume has decreased significantly, which shows that the wait-and-see sentiment of market participants is relatively strong. The previous few K-lines rose with the increase in trading volume, showing the strength of buyer support. Therefore, overall, the bullish trend still has a certain advantage, and the operating strategy is more inclined to be low-long and high-short.

In such a market environment, investors should remain patient and wait for the market to give clearer signals. During the sideways period, it is crucial to remain calm and rational, and avoid making impulsive trading decisions due to small market fluctuations. At the same time, you should also pay close attention to market dynamics so that you can react quickly when there are changes in the market.