📣4/22 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:

Yesterday, Ethereum short-term shorts were again profitable! From the 4-hour chart of Ethereum, the price is in an upward trend, with Bollinger Bands opening up, MACD forming a golden cross with increasing red bars, all supporting a bullish market. However, overbought KDJ and large sell orders above suggest that short-term chasing highs is not advisable.

From the 4-hour Ethereum indicator analysis:

BOLL Bollinger Bands

Middle band (MID): 2319.94, Upper band (UP): 2381.02, Lower band (LOW): 2258.86.

Interpretation: The price has broken above the upper band, indicating strong short-term upward momentum, but also in the overbought zone of the Bollinger Bands. The bands are widening, showing increased volatility, and the market is breaking out of the range.

MACD

DIF: 7.98, DEA: -1.52, MACD histogram: 19.00 (red bars expanding)

Interpretation: DIF crossing above DEA forms a golden cross, with red bars continuing to grow, indicating increasing bullish momentum and a bias toward an uptrend. However, note that after red bars expand to a certain extent, a phase correction may occur.

KDJ

K: 75.04, D: 67.45, J: 90.22

Interpretation: The J value is approaching 90, in the overbought zone, suggesting that short-term bullish strength is waning, with a risk of a pullback. If J turns downward, it may drag K and D down, triggering a short-term correction.

Key price level references:

Upper resistance: near the Bollinger upper band at 2381, previous high at 2463.86, and the price range corresponding to the pending sell orders of $28.89 million.

Lower support: near the Bollinger middle band at 2319, and the previous consolidation zone at 2280-2300.

Ethereum operation reference:

Long position idea: It is recommended to enter long positions around 2380-2390, with target levels at 2420-2460. Profit zones are self-controlled, stop-loss at 2350!

The strategy is time-sensitive; implementation is mainly based on free guidance! $BTC $ETH ‌#Gate13周年现场直击 #Gate13周年现场直击 #比特币反弹 #美伊二轮谈判进展 #沃什听证会引发争议