Crypto Circle Academician: The complete upward channel of Ethereum on 4.13, the rhythm is still moving northward with slowing momentum, short-term technical pullback is imminent! Latest market analysis and strategic reference
Ethereum's current price is 2198, from 1736 to 2198, this rebound has rekindled hope for many, and made those who missed out regretful. Trading is like this: when the trend reverses, hesitation only causes missed opportunities; blindly chasing highs will only get you trapped. The current market is like a beast just waking up—full of energy but still needing to confirm the direction. Instead of worrying about where the top is, it's better to focus on each trade now, set proper stop-losses, control position sizes, which are fundamental to surviving in the market.
Since rebounding from the low of 1736 on the daily K-line, the price has successfully broken above the 2200 level, signaling a clear trend reversal. The moving average system has turned upward, with EMA15 and EMA30 forming support for the northward move, the price has stabilized above the middle band of Bollinger Bands, breaking free from the downtrend channel. The MACD indicator's DIF and DEA have formed a golden cross, with red bars continuing to expand, indicating a significant decline in downward momentum. The upper Bollinger Band at 2291 is a short-term resistance, and the lower band at 1943 is a strong support.
The four-hour K-line oscillates upward along the ascending channel, with the price stabilizing above 2200, and the moving averages aligned upward maintaining integrity. EMA15, EMA30, and EMA60 support levels are layered, with the price not breaking below the moving averages during pullbacks, indicating a stable upward rhythm. The MACD runs above the zero line, with red bars slightly narrowing, showing a slowdown in northward momentum, and a short-term pullback is needed. The upper Bollinger Band at 2291 is resistance, and the lower at 2158 is support. The channel is opening upward, and the upward trend remains unchanged. Entry points and stop-loss settings should be adjusted accordingly; just wait for time to create space.
Short-term reference: (Practical data updated, for details consult the author)
Below 2140 to 2180, move north, stop-loss at 2100, target 2250 to 2280, break through to 2350
Above 2280 to 2300, encounter resistance and move south, stop-loss at 2330, target 2220 to 2000, quick in and out, no holding the position
Specific operations depend on real-time market data. For more details, consult the author. The article may have delays; for reference only, risk bears responsibility. $ETH