Crypto Circle Academician: April 27th, Ethereum's key support line determines the future market height, mainstream coins' strength and weakness clearly diverge? Latest market analysis and trading suggestions

Ethereum current price is 2360! Recently, many crypto friends told me they couldn’t resist going all-in when they saw the market rising, only to be whipped back and forth, getting caught chasing highs or buying the dip halfway up, their mentality exploding! Do you also often feel that as soon as you buy, it drops, and as soon as you sell, it rises? Meanwhile, others are eating the meat while you drink the soup, or even losing your principal? Don’t panic! Today, I will mark the precise entry points for long and short positions with stop-loss levels directly, so even beginners can understand, and veterans can avoid pitfalls! Don’t be a leek being manipulated by the market anymore. After reading this article, you will have absolute confidence in your next operation!

The daily K-line is in a rebound trend since the low point of 1736, with the price gradually breaking above various short-term moving averages, EMA15 and EMA30 continuously rising, forming strong support for the price. The MACD indicator shows that DIF and DEA lines are near the zero axis, with red bars continuously shortening, indicating that the northbound momentum is gradually weakening, showing signs of entering consolidation and adjustment. The middle band of the Bollinger Bands continues to rise, with the price running close to the middle band, and the upper band around 2433 showing obvious resistance. If it cannot break through effectively in the short term, it is likely to oscillate and consolidate between 2200-2400, with 2200 as a strong support level. A break below this would cast doubt on the rebound trend.

The four-hour K-line is in a slightly strong oscillation within an upward channel, with EMA15, EMA30, and EMA60 arranged in a northward pattern, and the price continuously rising supported by the moving averages. The recent high of 2463 is a key strong resistance level. The MACD indicator shows DIF running above DEA, with red bars continuously shortening, indicating that the northbound momentum is weakening, and a short-term correction and recovery are needed. The Bollinger Bands are slightly narrowing, with the price oscillating between the middle and upper bands. The upper band around 2348 faces short-term resistance, and the lower support at 2294 is important. The current price is above the middle band; as long as it does not break below the middle band, the northbound trend will not be broken.

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

Support at 2310 to 2300 for northbound, stop-loss at 2270, target at 2400 to 2450

Resistance at 2440 to 2450 for southbound, stop-loss at 2470, target at 2360 to 2320

Be sure to set a stop-loss before entering the position. Don’t rely on luck; the market won’t give you a second chance. Mindset is more important than technology. Don’t lose your composure due to short-term rises and falls. Stick to your logic; that’s stronger than anything. $ETH ‌#rsETH攻击事件后续进展