5.27 Ethereum/Bitcoin Early Morning Market Analysis and Trading Strategy
Today, Ethereum has risen as expected, with the highest point reaching around 2685. From the daily technical indicators, the KDJ indicator shows an upward movement, while the MACD indicator indicates a short-term bearish trend with decreasing volume. However, currently, the DIF and DEA indicators are pressing down together, and the BOLL indicator is in a stage of oscillating upward. At the same time, the Ethereum price is stabilizing above the MA5 daily moving average, and the intraday pullback is likely a technical gap generated from the daily level repair. Furthermore, the MA30 daily moving average continues to strengthen, and both the MA5 and MA10 daily moving averages are in a resonant upward phase. However, it is important to note that the bullish momentum in the evening is showing signs of reduction.
From the 4-hour technical indicators, the KDJ and MACD indicators show slight signs of a bullish decrease in volume, while the short-term BOLL indicator is in a state of oscillating flatness. Although the DIF and DEA indicators are at relatively high values, the short-term MA30 daily moving average appears weak and has not been able to sustain a coordinated upward movement with the MA10 moving average. Therefore, during the early morning period, I believe the price is likely to undergo a round of correction.
Ethereum: Short around 2670-2700 Stop Loss: 2757 Target: 2600-2570
Bitcoin: Short around 110000-111000 Stop Loss: 111800 Target: 108500-107000
The above is my personal early morning market analysis, specific points should be based on real-time guidance #币安Alpha上新 #Strategy增持比特币 $ETH