Market analysis in the early morning of January 4

From the daily level, a strong golden cross structure appeared near the middle of KDJ (estimated to be a large amount of over-the-counter purchase), and a golden cross appeared in the MACD water drop (DIF and DEA are glued together and turned upward). In terms of BOLL, Ethereum came to the middle track today (it depends on whether the middle track can be stabilized); in terms of the main chart, the five-day moving average and the ten-day moving average are glued together and rising, and the currency price today also walked out of the big positive line (the transaction volume shows that the current transaction chips are weaker than yesterday, which means that the current bulls are in the stage of shrinking volume and moving up, which also shows that the market sell orders are reduced and the long and short sentiments are consistent. However, the high point MA30 daily moving average continues to press down, so the key strong pressure of the current high point is still near the MA30 daily moving average (approximately in the 3600-3650 range).

Note that according to the main K trend framework of the current daily line, if Ethereum can effectively break through the 3600-3650 area and stabilize above it, then the subsequent daily K will go out of the C wave (down A high point is to run towards the high point that has been broken three times, and the strong pressure is near the 4116-3972 area).

From the 12-hour level, the current KDJ and MACD golden cross resonate, and BOLL currently has a small opening (note that the upper track has broken, which means that the short-term in the early morning may have a slight decline after a high, or a shock and sideways repair after a high); the low position of the MA three-day moving average in the main chart re-appears in resonance and turns up technical changes (this means that the 3600-3650 area has been effectively broken through, and the next wave is to trigger the "bull turn back" and go out of the strongest C wave).

Summary: I personally expect that the short-term in the early morning will tend to fluctuate upward. The main idea for the early morning and the subsequent period is to see when the 3600-3650 area will be effectively broken through and stabilized. As long as this pressure level is effectively broken through and stabilized, then Ethereum will usher in a second wave of strong pull-up sentiment (estimated to be "bull turn back"), and the next high point can continue to look up to the 4116-3972 area.