Afternoon #ETH analysis 🧐

At present, the price of ETH is around 3328, with an intraday increase of 0.36%, and ETH has risen strongly today, reaching a high of 3397 and then falling rapidly, and is currently fluctuating in the range of 3310-3330. On the whole, bullish sentiment is still dominant, but the short-term has entered a high sideways stage, and the market has entered a correction period after strength.
BOLL: The upper track is at 3347, the middle track is at 3153, and the lower track is at 3022; The Bollinger Bands show a clear opening pattern, and the price is running strongly near the upper band, indicating that the short- and medium-term trend is still over. If it can stabilize the range of 3310-3300, it is expected to hit the upper track again on the upper edge of (3350-3400). on the contrary, if it falls below 3300, it is necessary to be wary of the risk of short-term high retracement.
MACD: DIF: 45.68 DEA: 49.09 MACD: -6.83( The red column began to shorten )MACD and there were signs of red column shrinkage at a high level, indicating that although the bull momentum is still dominant, it has attenuated to a certain extent. If the volume cannot be broken out in the future, the MACD may form a death cross, triggering a short-term adjustment.

#ETH is a lot of orders
Entry point: 3265-3285( Near ) fall meets support target: 3350-3380-3420
Stop loss position: If you fall below 3230, you can consider leaving the market directly.
#ETH short order
Entry point: 3392-3422 Retracement meets resistance target: 3330-3300
Stop loss position: 3442 breakout can consider leaving the market directly.
ETH is currently in a high volatility period after the main rising wave, and the trend has not been broken, but it is overheated in the short term. It is recommended to be dominated by low and long, with a high altitude defensive idea, focusing on whether the support of 3300 can stabilize. If the area is stable, the market will continue to attack the rhythm; If it falls, it may enter the repair stage in the short term.
The ETH bull trend is still there, and after the shock correction, it may start the main upward wave again, and the key is to hold 3300 and not break. #参与创作者认证计划月领$10,000 #美联储降息预测