January 26, 2025 ETH Market Analysis

As of 10:00 PM, the candlestick chart shows a pin bar oscillation with minimal volatility.
Prices are trading around 2880, with Bollinger Bands widening, and the three lines near 2930, 3020, and 2845.
In the short term, the MA5 and MA10 moving averages have a death cross and are trending downward, with the gap widening.
MACD indicator: Both MACD lines are below the zero line, crossing and moving parallel downward, indicating increasing bearish momentum.
RSI indicator: RSI14 is around 37, approaching the oversold zone.
Resistance levels: 2925, 2985, 3055
Support levels: 2810, 2780, 2740
Long position strategy: The trigger signal at the 2810 support level makes further decline unlikely; if it breaks downward, watch the 2780 support level.
Entry points: 2810, 2780
Stop-loss levels: 2770, 2740
Take-profit levels: 3055, 2985
Short position strategy: The trigger signal at the 2925 resistance level makes a breakout difficult; if it breaks upward, watch the 2985 resistance level.
Entry points: 2925, 2985
Stop-loss levels: 2965, 3025
Take-profit levels: 2740, 2780
Analysis time frame is before 10:30 PM. Please note this time period.
$ETH #黄金白银再创新高