$ETH Crypto Circle Academician: After the high-level correction on 4.19, where are the opportunities? The K-line structure tells you who is stronger—bulls or bears! Latest market analysis and trading suggestions

Ethereum's current price is 2353, dropping from 2463 back to 2353. Many crypto enthusiasts were already confused when they found me! The high was trapped, afraid to short it again if it rises, caught in the middle. Don’t be blinded by short-term gains or losses in the current market. Contract trading must include stop-losses; don’t hold positions blindly. Holding on will only deepen your losses. The market is always right; only our operations are wrong. Stay steady, manage risk well, and you can steadily profit in the crypto world and go further.

The daily K-line shows a bearish candle with a long upper shadow, with the price falling back from the upper Bollinger Band. Although the Bollinger Bands haven't contracted, the upward momentum has clearly slowed. The MACD red bars are shrinking continuously, the difference between DIF and DEA is narrowing, and the northbound momentum is gradually weakening. The moving averages are still arranged in an upward pattern, with the EMA60 support at around 2222. As long as this level isn’t broken, the upward trend remains intact.

The four-hour chart shows a double-top pattern forming. Currently, the price has broken below the EMA15 moving average and is oscillating near the EMA30. The upper Bollinger Band is acting as a clear resistance. A death cross has formed on the MACD indicator, with green bars starting to expand, indicating short-term downward strength. If support near the middle Bollinger Band at 2365 is broken, the price may further retest 2290. The current movement is a correction after an upward trend; be cautious of the risk of a deeper pullback before any clear reversal signals appear. Operate mainly within a range-bound strategy.

Short-term reference: (Actual trading data has been updated; for details, consult the author)

Support from 2280 to 2320 with a stop-loss at 2250, target 2370 to 2400; if broken, look for 2430.

Resistance from 2370 to 2400 with a stop-loss at 2435, target 2310 to 2280; if broken, look for 2240.

Specific operations depend on real-time market data. For more details, contact the author. The article may have some delay; use for reference only. Risk is on you. #山寨币强势反弹