Li Shengting: Ethereum 5.5 Afternoon Market Analysis and Trading Strategy

In the morning, Ethereum's shorts underwent a round of increased selling, dropping to around 1780, followed by a rebound. From the daily technical indicators, the KDJ and MACD indicators are still in a state of oscillating upward, while the MA 5-day and MA 10-day moving averages are converging upward. From the daily perspective, as long as the price of Ethereum stabilizes above 1800, the short-term trend will remain unchanged, still looking towards oscillating upward.

From the 4-hour technical indicators, the KDJ and MACD indicators show that the shorts are in a state of decreasing volume, and the short-term main K has not shown strong bearish selling volume, indicating that there may be a rebound to fill the gap in the short term. Although the BOLL indicator shows a slight gap compared to yesterday, the main trend is still oscillating upward. Currently, the MA three-day moving averages are arranged to rise to varying degrees, so the intraday market trend remains unchanged, still looking towards oscillating upward.

Ethereum: Long positions near 1815-1790 Stop loss: 1760 Target: 1870-1900

The above is my personal afternoon market analysis, for your reference only #美国稳定币法案 #比特币战略储备 $ETH