Midday Ethereum Trend Analysis:


From a technical indicator perspective, the BOLL bands are in an opening state, with the price currently running above the middle track, maintaining certain upward momentum in the short term. The RSI indicator is at a relatively high level; although there is a risk of a pullback, it has not yet entered the overbought zone. The MACD indicator shows a bullish arrangement, indicating that the current bullish strength is still being released.
Be cautious of the risk of a pullback after a rise. In terms of operation, it is recommended to wait for a retracement to near the key support level, and when the indicators show positive signals, a small position can be taken to go long.
Key support reference around 4750 and 4600, with stop losses set at around 4725 and 4550 respectively. The current structure leans towards bullish, but attention should be paid to rhythm management, and caution is advised when chasing highs. #加密市场反弹#
ETH-1.82%
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