ETH Price Trend Analysis
K-line Structure: Rally Encounters Resistance, Long and Short Positions in Stalemate
Daily Level:
On July 2, a long lower shadow bullish candle was formed, indicating strong buying pressure below. It then quickly surged, but on July 4, it was engulfed by a large bearish candle, showing heavy pressure above.
4-Hour Cycle:
After rebounding from a low of 2482, it has currently entered a significant sideways consolidation, with the market displaying indecisive direction and a tug-of-war between bulls and bears.
Technical Indicator Signals: Weakening upward momentum, beware of adjustments
MACD:
DIF and DEA are converging, the histogram has turned from negative to positive, but the strength is weakening, indicating that the rebound momentum is declining, and short-term adjustment risks should be taken seriously.
RSI:
Current value is 51.24, in the neutral zone, showing that the market has no clear short-term trend yet, and the battle between bulls and bears is still in a stalemate.
EMA Moving Averages:
Current price is above EMA7 (2522.71), but the distance to EMA30 (2512.00) is narrowing. If it breaks below EMA7, the probability of testing EMA30 will significantly increase.
Volume Dynamics: After a volume increase and pullback, the market enters a wait-and-see period
Daily Level:
On July 2, there was an increase in volume on the rise, and on July 4, it reversed and fell, with increased trading volume, indicating a significant divergence of funds.
4-Hour Cycle:
Recently, trading volume has been continuously shrinking, indicating that the short-term is in a calm period before a potential shift.
Operational Strategy | Grasp Key Ranges, Strictly Control Risk Lines
Potential Buy Points (Long)
First Buy Point: 2500
Near the support of the integer level
Overlaps with the previous low of 2482 and EMA30, possessing technical resonance
Second Buy Point: 2475
Position after clearly breaking below the previous low of 2482, with stronger support
Meets the condition of a more than 1% downward buffer, suitable for gradual accumulation
Stop-Loss Level: 2460
If it breaks below 2475, the key support is breached, and one should decisively exit to stop losses
Potential Sell Points (Short)
First Sell Point: 2550
Close to the upper high of 2558, with strong pressure and arbitrage opportunities
Second Sell Point: 2580
If it strongly breaks above 2550, it will reach the 2600 resistance area
More suitable for aggressive strategies in short-term speculation
Stop-Loss Level: 2595
If it effectively breaks above 2580, the trend will be confirmed to continue, and timely stop-losses should be implemented to avoid reverse risks
Current Judgment: Sideways Fluctuation, Waiting for Directional Choice
ETH is currently in a low-level oscillation accumulation phase, with short-term trends leaning neutral.
Operational Suggestion: Light positions for testing, gradual entry and exit, strict stop-losses, and wait for clear volume breakthroughs or breaches of key levels before increasing operational intensity.
