📊 April 29 02:57 Night: Ethereum ($ETH ) Four-hour technical analysis trend is bullish · Golden cross pattern analysis (for reference only) (Entry near 2290)

Current price: 2292

Core conclusion: Daily / 4-hour MACD golden cross resonance, moving averages in a bullish arrangement, short-term oscillation leaning bullish, mainly retracement for low buy-in, clear bullish trend.

✅ Trend logic (Golden cross + bullish structure)

1. Moving averages: Short-term EMA5/10/30 in a bullish arrangement, price stays above moving averages, strong support.

2. MACD: Four-hour above zero line golden cross, red bars expanding; daily low-level golden cross formed, bullish momentum continues.

3. Volume and price: Retracement with decreasing volume, rally with increasing volume, good capital support, 2280–2290 as strong short-term support zone.

🎯 Key levels (Current price 2292 · Long position plan)

• Entry zone: 2285–2290 (Buy directly near current price, add on retracement)

• Stop loss: 2265 (Below the lower edge of the golden cross support, if broken, weakening trend, risk controllable)

• Take profit 1 (First target): 2315–2320 (Short-term resistance, reduce half position upon reaching)

• Take profit 2 (Second target): 2345–2350 (Breakthrough zone, exit all positions after reaching)

• Trend position addition: If firmly above 2320, retrace to 2310 can add to long positions

📝 Operation points

1. Position: Light positions, staggered (total position ≤30%), establish base at 2285–2290, add on retracement to 2270–2275.

2. Risk control: Move stop loss up to 2290 after reaching 2315 (break-even), avoid falling back and incurring losses.

3. Exit: If it falls below 2265 with increased volume, invalidating the golden cross, decisively cut losses and exit.

⚠️ Risk reminder

• Strong resistance above at 2350–2380, breakout without volume likely to fall back, avoid chasing highs.