🔥🔥 Brother Hao comes to analyze Ethereum in detail (Daily + 4 hours)
First, let's talk about the daily chart.
Yesterday, the daily chart peaked at 3885 and then fell back, with a minimum drop to 3710, closing at 3790.
Support: The area around MA14 is key; if it breaks, it could drop to 3590. If it retraces to the support zone, it could be a buying opportunity.
Resistance: 3855 is a short-term level; if it breaks, it could rise to 3900. A rebound near the resistance could be a selling opportunity.
Indicator: The MACD shows a contraction in bullish volume and has signs of forming a death cross, so be wary of short-term pullback pressure.
Now, let's talk about the 4-hour chart.
Support: MA60 is the current support; if it breaks, it could drop to MA90. If it retraces near the support, it could be a buying opportunity.
Resistance: 3835 is a short-term resistance; if it breaks, it could rise to 3890. A rebound near the resistance could be a selling opportunity.
Indicator: The MACD shows a contraction in bearish volume, indicating a potential slight rebound and correction demand in the short term.
Overall, the daily chart should focus on MA14 support and death cross signals, while the 4-hour chart emphasizes the MA60-90 support zone. Brother Hao suggests that operations can be flexibly adjusted based on key levels to avoid chasing highs and cutting lows.
