$ETH Crypto Circle Academician: Observation of the Afternoon Market on April 14: Ethereum Long Positions’ Floating Profits Expand, Key Defense Levels Updated! Latest Market Analysis



Ethereum surges to 2374—do you chase now or wait for a pullback? Many people always hesitate before the market starts, chase higher after it starts, panic and cut losses during a pullback, and in the end they don’t make any money—their mindset collapses first. Actually, the crypto market isn’t that complicated. You don’t need to listen to all kinds of rumors, and you don’t need to gamble on luck. If you read the trend correctly and hold the key levels, you can avoid most pitfalls. Today, I’ll break down Ethereum’s current situation clearly and plainly. After you finish reading, you’ll know how to respond next.

The two-hour K-line confirms an upward trend. All EMA moving averages diverge upward, forming a solid support band. The MACD red histogram remains at a high level, and momentum has not shown any obvious weakening. DIF and DEA have not formed a death cross. The Bollinger Bands open upward, and the price runs along the upper band, indicating that the upward forces dominate. The key support below is near EMA30 at 2250. As long as it doesn’t break down, the upward trend won’t easily reverse. There is still room for upside in the short term.

After the 15-minute K-line started at 2156, it has formed a smooth upward trend. It is currently consolidating near 2374 at a high level. The moving average system is still pointing upward, but the MACD red histogram continues to shrink, and the DIF line shows signs of turning—suggesting that short-term upward momentum is insufficient. The Bollinger Bands are currently in a contraction state: the upper band at 2378 forms short-term resistance, and the lower band at 2354 provides support. North-south power enters a short-term tug-of-war stage, so be alert to the risk of a pullback after a spike.

Latest entry points are as follows

Pull back to 2345-2355 for the upward (long) move; stop-loss at 2310; targets are 2390-2420. After a breakout, you can hold for even higher levels.

Rebound at 2385-2395 meets resistance and moves down to 2420; targets are 2350-2330. The north-uptrend turning to south-down is only a short-term pullback game,

Many people always want to bottom-fish and escape at the top, but they end up missing the bottom and also missing the top—and they even end up turning the trend the wrong way. Just like the current market: clearly, the big-picture cycle is bullish, yet people still keep waiting for a perfect pullback. The more they wait, the higher the price goes. In the end, they can’t resist and chase in—right when a pullback happens. Don’t be greedy for perfect prices, don’t wrestle with the market. Keep your stop-losses in place and follow the trend—that’s the way to survive long-term in the crypto world. ‌#加密市场回升
ETH7.2%
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