The Ether candlestick chart today shows that the price fluctuates between 2507 and 2555. From the MACD indicator perspective, it is currently in a phase of continuous reduction in volume while accumulating positions, with the DIF and DEA indicators still in a high divergent state. On the technical side, the short-term trend is hindered by the middle band of the Bollinger Bands at the 2590 point, and investors should closely follow the support at the lower band of 2400 points and the resistance at the upper band of 2780 points.
The daily closing pattern will become a key indicator. If it fails to break through the resistance zone of 2580 to 2610, the bearish momentum will still dominate; if it successfully breaks through, it may shift to a bullish pattern and continue the rally.
The four-hour level analysis shows that the MACD contraction phase has ended and is starting to expand, with the DIF and DEA forming a golden cross signal, while a divergence phenomenon appears at the bottom. The technical indicators suggest that the probability of an upward breakout is relatively low, while the possibility of breaking below the previous low is increasing. There is momentum in the market for the main force to sell off and liquidate long positions, so it is recommended to focus on shorting at high levels for intraday operations.
The trading strategy suggests to position short orders within the range of 2560-2650, with the target price initially looking at the 2500-2450 range. If it further breaks down, it may test the support at the 2400 point.
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The Ether candlestick chart today shows that the price fluctuates between 2507 and 2555. From the MACD indicator perspective, it is currently in a phase of continuous reduction in volume while accumulating positions, with the DIF and DEA indicators still in a high divergent state. On the technical side, the short-term trend is hindered by the middle band of the Bollinger Bands at the 2590 point, and investors should closely follow the support at the lower band of 2400 points and the resistance at the upper band of 2780 points.
The daily closing pattern will become a key indicator. If it fails to break through the resistance zone of 2580 to 2610, the bearish momentum will still dominate; if it successfully breaks through, it may shift to a bullish pattern and continue the rally.
The four-hour level analysis shows that the MACD contraction phase has ended and is starting to expand, with the DIF and DEA forming a golden cross signal, while a divergence phenomenon appears at the bottom. The technical indicators suggest that the probability of an upward breakout is relatively low, while the possibility of breaking below the previous low is increasing. There is momentum in the market for the main force to sell off and liquidate long positions, so it is recommended to focus on shorting at high levels for intraday operations.
The trading strategy suggests to position short orders within the range of 2560-2650, with the target price initially looking at the 2500-2450 range. If it further breaks down, it may test the support at the 2400 point.