AI Analysis: $ETH/USDT


Entry Price: 2950–2980
Target Prices:

- TP1: 3000
- TP2: 3020
- TP3: 3050
- TP4: 3080+
Stop Loss: Below 2900

Reasons for Buying:

1. Pattern Confirmation:
- 2-hour chart forms a "double bottom" reversal pattern (neckline at 3000), bottom depth 100 (2900-3000)
- Measured rally = bottom depth × 1.618 = 162 → Target Price 4 = 2900 + 162 = 3062 (actual rounded to 3080+)
2. Trend Structure:
- Breakthrough of the 2-hour downtrend line (3080→3050 line), price above MA(50) 2970
- RSI(14)=68 (overbought but strong), MACD red histogram expanding indicating increasing bullish momentum
3. Market Sentiment:
- Reversal signal in the 2900 area with "panic selling - long lower shadow"
- Three consecutive 2-hour candles closing above 2950 (historical support + Fibonacci 38.2% retracement)
4. Indicator Validation:
- OBV hits a new high in 2024, indicating capital inflow
- Funding rate +0.225% (positive for 8 consecutive hours), futures open interest increased by 18%
- On-chain data: exchange net flow -180,000 coins, whale holdings increased by 32%

This content is for reference only and does not constitute investment advice. $ETH
ETH0.39%
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