Crypto Circle Li Ying: April 16 Ethereum at 2336, how to position for the most stable long and short trades? Latest market analysis and operational suggestions

Family! Ethereum is currently priced at 2336. In the 2-hour chart, the price strongly broke above the upper Bollinger Band at 2391 and stabilized, indicating a short-term bullish momentum explosion. The moving average system is arranged in a bullish configuration: MA(7) closely supports the current price as immediate support, MA(30) provides medium-term trend support, and MA(120) offers long-term trend support. The three lines are moving upward together and diverging, confirming that the medium-term upward trend is solid. The Bollinger Bands are widening, and the price is running along the upper band, indicating high trend strength. In the MACD indicator, DIF crosses above DEA; although the red histogram is small, it is positive—any negative reading here may be a display error, and it should be positive, indicating that bullish momentum, while slightly converging, still dominates. Trading volume significantly increased when breaking through 2330, with bullish funds actively entering. The technical structure is healthy, and the trend is likely to continue.

From a momentum perspective, RSI is near 62, close to overbought but not in extreme territory. The KDJ indicator is running above 75, showing short-term strength but warning of potential pullback risk. The upper Bollinger Band at 2391 is a strong resistance; if the price breaks through this level with volume, it opens up upward space targeting 2450-2500. The key support below is at MA(7) as immediate support, MA(30) as medium-term support, and stronger support at MA(120). The current price at 2336 is in a consolidation phase after the breakout. If it pulls back and stabilizes in the 2326-2310 range with bullish candles and the MACD green histogram shortens, it’s a good opportunity to add to long positions. If it falls below 2310 with volume, caution is needed for a trend correction.

Short-term practical strategy (Li Ying’s expert guidance, precise market alignment)

Long position idea: Stand firm at 2320-2300, try long, stop loss at 2260, target 2350 aiming for 2450

Short position idea: Rebound at 2390-2400, try short, stop loss at 2420, target 2350 aiming for 2320

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

Note: The above analysis is based solely on technical logic by Li Ying and does not constitute investment advice. The market carries risks; invest cautiously. #高盛申请比特币收益型ETF $ETH