$ETH Crypto Circle Liying: 4.13 ETH Bullish Trend Pullback, Precise Operation Suggestions at 2311 Level? Latest Market Analysis and Trading Recommendations

Family! Ethereum is currently priced at 2311, pulling back from the previous high of 2416. It is now below the middle band of the Bollinger Bands at 2333, indicating that short-term bullish momentum is weakening. The moving average system is in a bullish arrangement, but MA(7) is slightly above the current price, forming immediate resistance. MA(30) provides medium-term support, and MA(120) serves as long-term trend support. The Bollinger Bands are narrowing, and the price is operating below the middle band, signaling that the trend is entering a correction phase. In the MACD indicator, DIF has crossed above DEA, but the red histogram bars are shrinking, indicating weakening momentum and potential pullback pressure. Trading volume has decreased during the pullback, showing that bearish funds have not entered on a large scale. The technical structure remains bullish, but caution is needed for further pullback risks.

From a momentum perspective, the RSI is around 55, not overbought but not clearly weakening, and the KDJ is in a short-term balance state. The upper Bollinger Band at 2421 is a strong resistance. If the price rebounds but fails to break this level, it may continue to pull back. Key support below is at MA(30), with stronger support at MA(120). If the price retraces but does not break below 2280, it can still be viewed as a healthy correction within the bullish trend. Currently, the price consolidates around 2311, which is a pre-break accumulation phase. As long as it does not fall below the previous high breakout level of 2280, the trend structure remains intact. Pay attention to the breakout strength in the 2330-2350 range; a volume breakout could accelerate upward, while resistance could lead to a pullback, and the validity of the 2280 support should be monitored.

Short-term trading strategies (Liying's precise market alignment):

Long position idea: Stand firm at 2280-2290, try to go long, stop loss at 2250, target 2350 aiming for 2400.

Short position idea: Rebound to 2350-2360, encounter resistance, try to short, stop loss at 2380, target 2280 aiming for 2250.

The market always rewards those who respect the trend and strictly follow the rules!

Note: The above analysis is based solely on technical logic by Liying and does not constitute investment advice. The market carries risks; invest cautiously.