Li Shengting: 6.25 Ethereum noon market analysis and trading strategy
In the early hours of today, the price of Ethereum once again touched the strong resistance level of 2482 and failed to break through. From the daily technical indicators, the KDJ technical indicator shows a downward turn of the three lines, and the MACD technical indicator shows a downward trend in the DIF. However, the MA30 moving average continues to strengthen, and the BOLL technical indicator stabilizes the coin price once again above the five-day moving average. Although the MA5 and MA10 moving averages show signs of upward turning, they have not continued to rise with strong volume, indicating that the short-term upward movement is somewhat limited. It is important to pay attention to whether the upper level can break through and stabilize at the 2480 level. If it breaks through, the subsequent coin price will oscillate around the 2600-2753 level.
From the 4-hour technical indicators perspective, the KDJ technical indicator short-term bulls are in a shrinking state, while the MACD technical indicator is in a oscillating and flat state. The RSI technical indicator is above the 80 value, and the BOLL technical indicator is running in the middle band area. The short-term coin price is closely attached to the middle band, which also limits the upward space for the bulls to some extent. Personally, I believe that the intraday coin price will most likely undergo a round of retracement before continuing to rise, but the retracement intensity will not be too strong.
Ethereum: Short in partial positions near 2450-2480, stop loss: 2503, target to see: 2400-2370
Bitcoin: Shorting in partial positions near 106800-107500. Stop loss: 108500. Target price: 105000-104000
The above is a personal midday market analysis for reference only. Please follow real-time guidance for specific price levels and direction changes.#加密市场结构原则法案
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Li Shengting: 6.25 Ethereum noon market analysis and trading strategy
In the early hours of today, the price of Ethereum once again touched the strong resistance level of 2482 and failed to break through. From the daily technical indicators, the KDJ technical indicator shows a downward turn of the three lines, and the MACD technical indicator shows a downward trend in the DIF. However, the MA30 moving average continues to strengthen, and the BOLL technical indicator stabilizes the coin price once again above the five-day moving average. Although the MA5 and MA10 moving averages show signs of upward turning, they have not continued to rise with strong volume, indicating that the short-term upward movement is somewhat limited. It is important to pay attention to whether the upper level can break through and stabilize at the 2480 level. If it breaks through, the subsequent coin price will oscillate around the 2600-2753 level.
From the 4-hour technical indicators perspective, the KDJ technical indicator short-term bulls are in a shrinking state, while the MACD technical indicator is in a oscillating and flat state. The RSI technical indicator is above the 80 value, and the BOLL technical indicator is running in the middle band area. The short-term coin price is closely attached to the middle band, which also limits the upward space for the bulls to some extent. Personally, I believe that the intraday coin price will most likely undergo a round of retracement before continuing to rise, but the retracement intensity will not be too strong.
Ethereum: Short in partial positions near 2450-2480, stop loss: 2503, target to see: 2400-2370
Bitcoin: Shorting in partial positions near 106800-107500. Stop loss: 108500. Target price: 105000-104000
The above is a personal midday market analysis for reference only. Please follow real-time guidance for specific price levels and direction changes.#加密市场结构原则法案