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$ETH CryptoCircle LiYing: The bullish attack horn sounds on 4.12! Ethereum breaks through 2200 and firmly stabilizes above the upper band! Latest market analysis and trading suggestions
Family members! Ethereum's current price is 2246, in the acceleration phase of a strong bullish channel, climbing vigorously along the middle band of the Bollinger Bands, recently breaking through the 2200 psychological barrier with increased volume, reaching a new high of 2273, now forming a bullish pullback confirmation and accumulation structure near 2246. The Bollinger Bands are opening upward, with the upper band at 2237 being effectively broken, the current price stands firmly above it, and the lower band at 2160 forms a strong support zone. MA7 and MA30 are in a bullish alignment, indicating a strong medium-term trend. The MACD lines are running at high levels, with the red histogram expanding, showing abundant momentum, indicating that the bulls still firmly control the market.
The price is currently in the upper half of the Bollinger Bands, running close to the upper band, and has broken through the upper band resistance, which is a typical sign of a strong bullish signal. Although the MACD indicator is at a high level, the two lines have not shown a death cross, and the red histogram continues to expand, indicating that bullish sentiment remains high. Volume has modestly increased after breaking through 2200, showing continuous capital inflow and strong market chasing of gains. As the long-term trend anchor, MA120 has been effectively stabilized, and the medium-term trend has not reversed, so LiYing's outlook remains bullish as yesterday, continuing to hold and look upward.
Short-term practical strategy (LiYing personally teaches, precisely aligned with the market)
Bullish idea: Hold at 2210-2220, stop loss at 2180, target 2270 aiming for 2320 (main bullish)
Bearish idea: 2280-2300, stop loss at 2330, target 2220 aiming for 2200 (cautious bearish)
The market will always reward those who respect the trend and strictly follow the rules!
Note: The above analysis is LiYing's purely technical logical deduction and does not constitute investment advice. The market carries risks; invest cautiously. #Gate上线Pre-IPOs