Today's Market Health Report
Ethereum has gradually risen after rebounding from the low point of 2111. Can the suddenly halted positive news support a market reversal? Although trading volume has increased, bullish sentiment prevails, we must be on guard against Trump causing disturbances. This market indeed has a bit of a double kill for both bulls and bears. Orders need to adjust the expected level a bit wider.
Technical Analysis Volume: During the rebound phase, trading volume has significantly increased, trading enthusiasm is rising, and the bulls are showing clear strength.
BOLL: Prices are testing near the upper band, volatility is increasing, and bullish momentum may face pressure.
MACD: A golden cross has formed, red bars are expanding, bullish sentiment is strong but needs to confirm sustainability.
RSI: The indicator is above 50, the market is leaning bullish but not yet overbought, with buying concentrated.
MA: Short-term moving averages are attempting to break through long-term moving averages, showing a short-term rebound, but medium to long-term still appears weak.
Today's Trading Suggestions
Set up short positions below the range
2470-2500 short
Protect at 2520
Target 2400-2350