10.10 Ethereum Short-Term Price Trend Analysis and Trading Strategy

Looking for support in the pullback, watching for resistance in the rebound. Ether is currently at a critical stage of bullish and bearish competition. The 1-hour level has formed a descending channel with consecutive bearish candles, and the price has dropped from 4393.63 to 4369.28. The daily level shows a long lower shadow (4265.06-4368.09), indicating strong support near 4265. From a technical perspective, the narrowing MACD histogram on the 1-hour chart suggests a potential short-term rebound, but the price remains below EMA30 and EMA120, indicating a bearish trend. Trading volume surged during the previous sharp decline and has recently shrunk, reflecting a strong market hesitation. 1-hour line Long position Entry point 1: 4300 Close to the previous segment low support at 4265, strong expectations for buying at the round number. Long position Entry point 2: 4250 Testing below the previous low after breaking 4300, capturing the oversold rebound opportunity. Long position Stop-loss point: 4230 Below the previous low of 4265 and below the round number, to avoid the risk of false breakouts. Short position Sell point 1: 4400 Corresponding to the EMA30 resistance level of 4389.97, significant selling pressure at the round number. Short position Sell point 2: 4450 Near the strong resistance of EMA120 at 4464.24, below the previous high of 4531.52. Short position Stop-loss point: 4480 If it breaks above EMA120 and approaches the previous high, the bearish trend is invalidated and a stop-loss is necessary. It is recommended to closely monitor support and resistance levels as well as changes in trading volume, strictly implement stop-loss and take-profit strategies, and avoid blind chasing of orders.
##行情震荡下的投资策略 #行情震荡下的投资策略