$ETH

First, the conclusion

📌 Short-term operations (quick in and out)

• Current price: 4,863

• Overbought risk: RSI has already reached 70+, may pull back at any time.

• Operation idea:

• If you are already holding long positions at low levels (below 4,800), you can take profits in batches now to lock in gains.

• If you want to chase long positions, it is recommended to wait for a pullback to the range of 4,840 ~ 4,820 before considering entry, with stop loss placed below 4,800.

• If you want to short, you can lightly short near 4,880 ~ 4,900, with stop loss placed above 4,905, and target a pullback to 4,820 ~ 4,800.

⸻

📌 Medium-term operations (trend following)

• Moving averages are in a bullish arrangement, the trend remains healthy.

• As long as the price stabilizes above 4,800, the medium-term outlook is still bullish.

• After breaking 4,880, it may challenge 4,920 ~ 4,950.

⸻

📌 Risk control

• Short-term volatility will be quick, do not go all in, position size should be controlled at 1/3 - 1/2.

• Be sure to set stop losses:

• Going long → Stop loss below 4,800

• Going short → Stop loss above 4,905

🔹 Current price and trend

• Current price: $4,863.54, increase +2.78%, at a relatively high position today.

• Highest price: $4,877.93

• Lowest price: $4,717.68

👉 This indicates that today is a slightly strong volatile market, with prices oscillating near the day's high.

⸻

🔹 Moving averages (EMA)

• EMA(7): 4,841.53

• EMA(25): 4,804.08

• EMA(99): 4,767.98

👉 Short, medium, and long-term moving averages are in a bullish arrangement (7 > 25 > 99), the trend is upward, and short-term is strong.

The cryptocurrency market is risky, and investment should be cautious.

Be sure to set stop losses, stop losses, stop losses!