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May 26th $ETH Afternoon Short-term MA7 moving average (2110.45) forms direct resistance above the price, with the medium-term MA30 moving average (2102.27) also above the current price, and the two moving averages are arranged downward, indicating that the bearish trend has not yet fully reversed. The short-term rebound faces multiple layers of resistance. If it cannot effectively break through the 2110 level, the probability of oscillating downward is higher.
DIF value -2.42, DEA value -3.81, MACD red bar volume is relatively small. Although the bearish momentum has weakened, a strong bullish reversal signal has not yet formed. Overall, it remains in a weak recovery stage. It is necessary to observe whether subsequent bars continue to enlarge to confirm the continuation of the rebound momentum.
K value 52.43, D value 60.41, J value 36.46, the three lines show signs of turning. The J line is curling upward from a low position, indicating that the short-term oversold condition has eased, and there is a slight rebound correction demand. However, the K and D lines are still around 50, and a clear golden cross signal has not yet formed. The sustainability of the rebound remains doubtful.
A personal suggestion: around 2103-2150, and around 2087-2050 #BTC #美军打击伊朗 #ETH