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ETH Market Analysis
January 27, 2025, 10:00 AM ETH Today Market Analysis
As of 10 PM, the candlestick chart shows a downward correction trend.
The price is around 2935, with the Bollinger Bands three lines parallel, near 2920, 3010, and 2830.
Short-term MA moving averages: MA5 and MA10 form a golden cross and are rising, with the gap widening.
MACD indicator: The MACD double lines are below the zero line, forming a golden cross and rising, indicating bullish momentum is building.
RSI indicator: RSI14 is around 50, indicating a normal trading phase.
Resistance levels: 2965, 3025, 3080
Support levels: 2900, 2850, 2780
Long strategy: Trigger signal at 2900 support level, unlikely to dip further; if it breaks down, watch 2850 support.
Entry points: 2900, 2850
Stop-loss: 2860, 2810
Take-profit: 3080, 3025
Short strategy: Trigger signal at 2965 resistance level, unlikely to break through; if it breaks out, watch 3025 resistance.
Entry points: 2965, 3025
Stop-loss: 3000, 3065
Take-profit: 2780, 2850