Conclusion: Range-bound consolidation with slight upward volatility
Warm reminder: Resistance and support levels can both serve as entry points (averaging down points)
Upper resistance: 3280/3360/3450
Lower support: 3200/3130/3050
Trading strategies:
Long position strategy: If the rebound fails to firmly hold around 3270, establish a short position at the initial entry point, with additional entries near 3450. Break and hold above 3450 with stop-loss.
First take profit: 3200 / Second take profit: 3130
Low buy strategy: If the pullback does not effectively break below 3200, establish an initial long position (aggressive), or around 3140 (conservative), with additional entries near 3050. Break and hold below 3030 with stop-loss.
First take profit: 3280 / Second take profit: 3340
Bollinger Bands: The current 4-hour chart shows Bollinger Bands with three lines trending upward, corresponding to prices 3258--3166--3075. The current hourly chart shows Bollinger Bands converging, with the middle band trending horizontally upward, and the three lines corresponding to prices 3209--3226--3244.
The 4-hour chart's short-term MA5 is trending upward, with the price currently operating above MA5 and between the upper band. The pullback does not break below MA10 at 3027, indicating a secondary upward movement. The hourly chart's MA5 is also trending upward, with the price currently above MA5.
MACD Indicator: The MACD lines on the 4-hour chart are above the zero line, with a relatively flat trend. The bullish momentum histogram shows a gradual weakening trend. On the 1-hour chart, the MACD lines are above the zero line, with bearish momentum gradually weakening.
RSI Indicator: The RSI is trending horizontally around levels 79--80.
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#ETH
Conclusion: Range-bound consolidation with slight upward volatility
Warm reminder: Resistance and support levels can both serve as entry points (averaging down points)
Upper resistance: 3280/3360/3450
Lower support: 3200/3130/3050
Trading strategies:
Long position strategy: If the rebound fails to firmly hold around 3270, establish a short position at the initial entry point, with additional entries near 3450. Break and hold above 3450 with stop-loss.
First take profit: 3200 / Second take profit: 3130
Low buy strategy: If the pullback does not effectively break below 3200, establish an initial long position (aggressive), or around 3140 (conservative), with additional entries near 3050. Break and hold below 3030 with stop-loss.
First take profit: 3280 / Second take profit: 3340
Bollinger Bands: The current 4-hour chart shows Bollinger Bands with three lines trending upward, corresponding to prices 3258--3166--3075. The current hourly chart shows Bollinger Bands converging, with the middle band trending horizontally upward, and the three lines corresponding to prices 3209--3226--3244.
The 4-hour chart's short-term MA5 is trending upward, with the price currently operating above MA5 and between the upper band. The pullback does not break below MA10 at 3027, indicating a secondary upward movement. The hourly chart's MA5 is also trending upward, with the price currently above MA5.
MACD Indicator: The MACD lines on the 4-hour chart are above the zero line, with a relatively flat trend. The bullish momentum histogram shows a gradual weakening trend. On the 1-hour chart, the MACD lines are above the zero line, with bearish momentum gradually weakening.
RSI Indicator: The RSI is trending horizontally around levels 79--80.