Hello everyone! Ethereum is currently running around 3623, with a weak short-term trend characterized by fluctuations. There may be slight consolidation near the support level. Observing from the Bollinger Bands on the hourly level, it is currently operating in the lower middle track area, close to the middle track, and is in a short-term oversold zone, but still in a downward trend.
KDJ: The J value is relatively high, indicating short-term pullback pressure; MACD: The histogram has turned red, indicating a slight decrease in bearish momentum, but the trend has not reversed.
Based on the observations mentioned above, it is recommended to operate near 3645--3672--3700, with the target looking towards the vicinity of: 3590--3560--3525.
The above is only a personal suggestion for reference, please refer to the operations of Haoyu Shipan $ETH .
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11.4 midday analysis
Hello everyone!
Ethereum is currently running around 3623, with a weak short-term trend characterized by fluctuations. There may be slight consolidation near the support level. Observing from the Bollinger Bands on the hourly level, it is currently operating in the lower middle track area, close to the middle track, and is in a short-term oversold zone, but still in a downward trend.
KDJ: The J value is relatively high, indicating short-term pullback pressure;
MACD: The histogram has turned red, indicating a slight decrease in bearish momentum, but the trend has not reversed.
Based on the observations mentioned above, it is recommended to operate near 3645--3672--3700, with the target looking towards the vicinity of: 3590--3560--3525.
The above is only a personal suggestion for reference, please refer to the operations of Haoyu Shipan $ETH .