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$ETH Crypto academician: The Ethereum (ETH) technical pattern at 7.16 points to new highs—does the upside space exceed imagination? Latest market analysis reference
Ethereum’s current price is 1922. This ETH rebound, honestly, the people around me who missed the move are more than those who made money. It’s not that there’s no chance to get in, but people always think they should wait until the dip is fully done before entering. The result is the longer they wait, the higher it goes. In the end, either they chase at the high and get trapped, or they just give up. Actually, in trading, the scariest thing is perfectionism and emotional decision-making. Look at these past few days’ K-lines—every time the price pulls back to the moving average, it’s a chance to get in. It’s just that many people are frightened by the earlier drop and don’t dare to move. Now the northbound trend has just started. If we go north around 1600, we’ve already caught the timing. The rest can be left to time
The daily K-line closes bullish and holds above the 1900 level. The price has broken through the key resistance zone below the earlier Fibonacci 78.6% rebound level of 2242. The MACD red histogram continues expanding in volume; DIF and DEA are moving upward with a golden cross above the zero axis, and the northbound momentum is strong. The Bollinger Bands open upward; the price is running along the upper band. The EMA15 and EMA30 moving averages are arranged in a northbound order, making the short-term trend clearly bullish. However, there is some suppression above the 2000 integer level and the EMA120 moving average around 2002, so you need to watch for the risk of a pullback after a spike
The four-hour K-line keeps rising along the upper Bollinger Band. The current quote is 1923 and has broken above the 38.2% Fibonacci retracement level of 1870. EMA15, EMA30, and EMA60 are all arranged northbound; the price consistently stays above the short-term moving averages, and support keeps moving up. The MACD red histogram is modestly expanding; DIF and DEA remain operating above the zero axis, and the northbound pace is steady. But the upper Bollinger Band is starting to narrow, and the price is already entering a critical pressure area from the prior down phase. Going forward, you need to pay attention to whether the pullback and retest near 1870 is effective, so as to avoid getting trapped by chasing
Short-term reference:
If the price does not break below 1880 to 1850 on the downside, go north; stop loss at 1800; targets at 1950 to 2000
If the price does not break below 2000 to 2050 on the downside, go south; stop loss at 2100; targets at 1950 to 1900
Specific actions depend mainly on real-time order book data. For more information, you can check the author’s details. The article is published with a delay. Recommendations are for reference only; risk is your responsibility #预测世界杯阿根廷VS英格兰