$ETH Coin Circle Academician: 7.3 Ethereum (ETH) Daily Golden Cross Hides Hidden Dangers, Is Fibonacci Resistance the Lifeline? Latest Market Analysis Reference

　　
　　Ethereum current price 1689. Did you catch this rebound? From the low of 1503 all the way up to above 1700, the strength of this oversold rebound exceeded expectations! Many people are still hesitating whether to buy the dip, but the market has already moved. These 200 points are enough for a wave. Those who haven't entered can only choose to go south (short). If you want to go north (long), you can only enter at a low after a pullback.
　　
　　The daily candlestick directly stands above EMA15 at 1643 and the middle Bollinger Band. The current price is still below EMA30, 60, 90, and the medium-term southward trend has not reversed. The MACD indicator red bars continue to expand, DIF crosses above DEA forming a golden cross. The short-term northward momentum is strong, but the 78.6% Fibonacci retracement level at 2242 above is a strong resistance level. If it cannot break through, it is likely to enter a range-bound pullback.
　　
　　The 4-hour candlestick has formed a standard V-shaped reversal, rebounding from the low of 1510 to around 1700. The current price has risen above the upper Bollinger Band at 1681, and the short-term northward trend is obvious. EMA15, 30, 60 have all turned upward, forming a northbound arrangement. The MACD red bars continue to increase volume, and momentum has not diminished. However, the 23.6% Fibonacci retracement level at 1730 above is a strong short-term resistance. The Bollinger Bands are opening wider, indicating increased market volatility. Be cautious of the risk of a rally and pullback.
　　
　　Short-term reference:
　　
　　Below 1670 to 1630, if not broken, go north (long), stop loss at 1600, target 1710 to 1750.
　　
　　Above 1730 to 1760, if not broken, go south (short), stop loss at 1790, target 1680 to 1640.
　　
　　Specific operations are mainly based on real-time order book data. For more details, you can consult the author. The article is published with a delay. Suggestions are for reference only, and risks are borne by yourself. ‌#预测世界杯葡萄牙VS克罗地亚