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ETH Analysis
Resistance above: 3280
Secondary resistance above: 3330
Support below: 3180
Short-term strong support below: 3130
Current trend: oscillating upward, the pullback does not break below the middle band of the Bollinger Bands. The probability of a second surge increases as the market rebounds, MACD fast and slow lines are below the zero axis, the fast line's signal line is rising and about to cross above zero, and the bullish volume bars are increasing for a second time. Currently, both lines are parallelly rising, RSI is in the overbought phase and moving downward in parallel, the fast line is about to cross below into the normal trading zone, the short-term moving averages are about to form a crossover, the 5-day moving average is turning downward while the 10-day moving average is upward, indicating a death cross trend.