Cryptocurrency Academic: October 27 Ethereum market sentiment is tense! Be cautious in short-term layout, stop-loss cannot be ignored!

　　Current price of Ethereum is 478, it is now 2 AM Beijing time, and I am watching the market. Suddenly, there’s a glimmer of hope for Bitcoin consolidating at a high position while Ethereum is consolidating at a low. There are rumors that Bitcoin will challenge 73,000, while Ethereum seems to have been forgotten. Yesterday, the cryptocurrency hot search list showed that the United States began to sell ETH. A large-scale trend has already made five waves. Let’s not talk about these for now; let’s review yesterday’s idea where I didn’t catch the high position, waiting for a low position to buy, especially after the daily K-line broke below 2400, leading to a rebound. Currently, there is already more than 80 points of space, and it is not far from 2500; we can continue to explore upwards. The short-term buy has not ended, and we can wait until it breaks above 2500 before exiting.

　　The daily K-line has formed a bat pattern. The large-scale bat does not require too much attention for now; the market will not complete directly and needs to take time to develop, especially in the AI era, where the control is more obviously in the hands of artificial intelligence. The EMA trend indicators are all pointing downwards, with EMA30 and 15 about to converge at the 2530 point. MACD is shrinking downwards, and after the DIF and DEA form a death cross, it will spread down towards the 0 axis. The Bollinger Bands box continues, with the lower support at 2330 and the middle pressure reference at 2538.

　　The four-hour K-line short-term upward trend remains unchanged. Attention should be paid to the EMA15 quick line pressure at 2500 and the EMA30 pressure at 2533. MACD is reducing in volume and is about to form a golden cross. The DIF and DEA are also contracting. The short-term buy space is limited, and it is not recommended to chase; we can wait for confirmation of pressure near 2530 above before laying out shorts. The Bollinger Bands are expanding downwards, and the K-line was blocked at 2435 before starting to pull back. The middle line is still moving down and has reached 2505, while the upper line is about to break below 2575. It is expected to continue moving down to around 2540, with market pressure gradually migrating downwards, the top getting lower, and the bottom becoming unknown, so let’s look a bit further ahead.

　　Short-term reference: Safety first; remember, there is no 100% in the market, so always set a stop-loss. Safety first, small losses, and big profits are the goal.

　　Sell short from 2500 to 2550, defend at 2600 for adding shorts, stop-loss at 50 points, target looking at 2450 to 2400, and below at 2350.

　　Buy from 2300 to 2350, defend at 2250 for adding longs, target looking at 2400 to 2450, and above at 2500 to 2550, stop-loss at 50 points.

I have always been a warrior protecting the retail investors, keep it up! $ETH #以太坊行情分析