Will Ethereum surge to 5000 in this round?


Q: 3 Waist Waist 55🍺600🍺
ETH
January 6th review: Overall, yesterday was an upward trend, rising to the upper band of the Bollinger Bands, then pulling back without breaking the middle band effectively, and retracing to MA10. On the 1-hour chart, yesterday's rise reached the upper Bollinger Band, then fell, breaking below MA5 and MA10, directly hitting the lower band.
Looking at the 1-hour indicators for ETH, the Bollinger Bands are opening with a range of 3292-3192. The middle band is trending upward at a price of 3242, with ETH at approximately 3245.
Moving average indicators: MA5 and MA10 are now turning downward, with respective prices at 3263-3246. The 30-day moving average is trending upward at 3236, the 60-day at 3202, the 120-day at 3153, and the 240-day moving average is flat at 3061.
MACD: Above the zero line. Bullish momentum is gradually decreasing, with the fast line crossing below the slow line, indicating a death cross and downward movement.
RSI: 48-35. Currently in a normal trading phase, with both lines still showing a downward trend.
Resistance levels: 3270, 3375. Support levels: 3205, 3150.
ETH direction: Volatile downward.
Summary:
High short strategy: Short at around 3270, add to short at 3375.
Low long strategy: Long at around 3202, add to long at 3150.
First take-profit point for high short: 3202. Second take-profit point: 3150.
First stop-loss for low long: 3270. Second take-profit point: 3375.
ETH-2.79%
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