6.23 Consort Layout Ideas

Market Overview: ETH current price 1730, short-term oscillates slowly upward, the rhythm is somewhat sluggish, bullish and bearish sentiment is strong, the market is gathering strength and waiting for a trend change. The medium to long-term structure is intact, short-term direction is unclear, Bollinger Bands are converging into a compression zone, volatility is contracting, and a breakout is imminent.
Technical Core: EMA7/EMA30 are about to converge, with no clear short-term direction; EMA120 continues to support the bottom, and the medium to long-term trend remains intact. MACD momentum is weakening, no death cross yet, oscillating and tangled pattern. Bollinger Bands range: middle band at 1735 support, lower band at 1705 strong support, upper band at 1766 resistance, the range is narrowing, waiting for a direction to be chosen.
Ethereum Short-term Trading Ideas
Long position ideas: buy on pullback at 1730, core support at 1700, stop loss at 1650; short-term target 1750, break through to 1800
Short position ideas: sell under pressure at 1770, core support at 1800, stop loss at 1830; short-term target 1730, break below to 1680#Gate直通韩股股票 $ETH