3.5 Crypto Circle Mr. Coin: Ethereum (ETH)) Market Analysis Reference

Ethereum's bullish sentiment is heating up, and the price rebound strength is still somewhat lacking. Over the past month, it has repeatedly rebounded near 2150 but faced resistance. Currently, on the daily chart, it has broken through the upper band of the Bollinger Bands but is still slightly pressured around 2170. The intraday increase has already exceeded 200 points, and the market continues to rise. On the short-term hourly chart, all moving averages are showing an upward attack posture, but the trend has faced resistance around 3170 multiple times, slowing the upward momentum. Currently, it is consolidating slightly under resistance, and the short-term upward trend has not changed. The KDJ indicator's three lines are diverging upward, and the MACD is forming a golden cross and maintaining an upward trend. Therefore, if it breaks below 2170 and faces resistance, the upward movement is expected to continue. A breakout can be followed with long positions, with a take profit of about 30 points. Short-term resistance above is at 2170 and 2200. The current trend is stable, mainly consolidating on dips for long positions. Support below is near 2080-2050.

3.5 Ethereum Short-term Reference:
Range between 2230-2180, with a defense at 2380, aiming below 2100, in the 2010-2060 range, with a stop loss of 50 points, targeting above 2110.

The message sending may be delayed. Strategy suggestions are for reference only. The market changes rapidly. No matter how confident you are in your market judgment, always set proper take profit and stop loss to secure gains.