$ETH CryptoCircle LiYing: 4.30 Ethereum Latest Market Analysis and Trading Suggestions

　　
　　Family! Currently, Ethereum is hovering around 2263. From the overall trend, it has experienced a significant fluctuation, first rising to a high of 2463 before encountering resistance and pulling back, then oscillating at a relatively low level. Market sentiment also fluctuates with the price movements, with investors worried about missing the upward opportunity and also afraid of being caught in a decline. So, from a technical indicator perspective, what will Ethereum's future trend look like?
　　
　　From the moving average system, the 7-day, 30-day, and 120-day moving averages are intertwined. The current price is fluctuating near the short-term moving averages, indicating fierce competition between bulls and bears in the short term. Regarding the MACD indicator, DIF and DEA are near below the zero line, and the MACD histogram fluctuates around the zero line, showing that market momentum is not strong, and the bullish and bearish forces are temporarily balanced. However, LiYing judges that if the MACD histogram continues to expand and breaks above the zero line, it may be a sign that the bulls are gaining the upper hand; conversely, if it remains below the zero line, the bears may still have some advantage.
　　
　　Finally, LiYing provides reference entry points for bulls and bears. For bulls, if the price can effectively break through and stabilize above short-term resistance levels, such as the recent oscillation upper boundary and near previous highs, in the 2350 - 2400 range, and accompanied by increased volume, then consider entering long positions, targeting the previous high of 2463 or even higher. Stop-loss can be set around 2300, below the breakout point by a certain margin. For bears, if the price falls below the recent oscillation lower support around 2200, and the MACD indicator remains weak below the zero line, consider entering short positions, targeting support levels around 2173, with stop-loss set above the breakdown point, around 2230.
　　
　　Note: The above analysis is LiYing's technical logical deduction and does not constitute investment advice. The market has risks; invest cautiously. ‌#加密市场小幅下跌