Technical Analysis
Moving Average Support: MA7, MA25, MA99 are in a bullish arrangement, the short-term trend remains strong! But be cautious, if it quickly falls below MA7, it may trigger a waterfall decline!
Danger Signals: Volume shrinks after new highs, and upward momentum is insufficient! If it cannot break through with volume, the risk of a pullback increases!
K-line Patterns: No obvious top signals have appeared yet, but high-level fluctuations indicate intensified long and short battles!
Market Sentiment and Funds
Capital Flow: Is large capital continuously flowing in? Signs of institutional reductions? On-chain data needs close monitoring!
News: ETF progress, regulatory dynamics, hacking incidents, etc., could trigger severe volatility!
Bitcoin Correlation: If BTC turns down, ETH is likely to follow!
Operational Suggestions
Bullish: Hold if MA7 is maintained, decisively reduce positions if it breaks!
Bearish: If it breaks down below 4080 with volume, the short-term trend may reverse!
High-Risk Warning: High-leverage players must set stop-losses! Cryptocurrency is highly volatile; do not blindly chase highs and sell lows!
Summary: Although ETH has reached a new high, the divergence between volume and price + increased market uncertainty raises the risk of a pullback! Ensure good risk control to avoid liquidation!
