My eyes are the ruler, entering Ether at midnight is the lowest point, currently holding a long position at 4100 with a space of 51 points!

Analysis of ETH on the morning of 10.1

The sentiment for the major coin is not high, and a large amount of altcoin liquidity is returning to the major coin, so we need to focus on the leaders now. Structurally, the 4-hour chart shows a slight bearish oscillation, but the larger upward structure has not been broken; it is just a wide-range oscillation correction, and the daily MACD has returned above the 0 axis.

In October, affected by the news of the U.S. government shutdown, the visibility of Federal Reserve data decreased, but the interest rate cut bull market continues unabated, and institutions will not abruptly exit.

Currently, the 1-hour chart shows that the left support and resistance have switched, with a re-establishment of a bottom around 4000 since last weekend. We prioritize buying at lower levels, and resistance can be shorted.

Buy in batches around 4100 and 4000 for a long position, with short-term targets at 4230 and 4280; for swing trading, target 4440, and for long-term, target 4700.
#加密市场反弹 #ETH走势分析 #ETH