$ETH Intraday Market Analysis



Currently, ETH price is about $1685, with the hourly MACD histogram shrinking, RSI at 51 indicating neutrality, with strong resistance at 1715-1720 above, and 1660 serving as the short-term support and dividing line between bulls and bears. The daily chart remains in a bearish trend (moving averages downward), but the minor rebound structure is intact.

Clear direction: Short-term bullish (above 1660), but the main daily trend remains bearish.

Mige Long and Short Trading Strategy

Long positions: Light positions above 1660-1670 without breaking, target 1720→1750

Short positions: Encounter resistance near 1720-1750, attempt shorting, target 1680

Breakout orders: If it falls below 1660 with weak rebound, chase short, target 1630; if it breaks below 1600, target 1570

#Marvell大涨超11%领涨芯片板块
ETH1.32%
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