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#ETH
Operation Strategy:
High-altitude strategy: If the rebound does not effectively stabilize near 3060, establish a primary short position, with a replenishment point near 3250. If it breaks and stabilizes above 3250, stop-loss. First take profit: 2980 / Second take profit: 2930.
Low Long Strategy: If the price retraces but does not effectively break below the vicinity of 2980, establish a primary long position, and add to the position around the vicinity of 2800. Stop loss if it breaks and stabilizes below 2800. First take profit: 3030 / Second take profit: 3130
Bollinger Bands: The current 4-hour chart shows a contraction of the Bollinger Bands, with the middle line trending upwards, corresponding to price levels of 3051--2970--2889. The current hourly chart shows a trend of opening Bollinger Bands, with the middle line trending upwards, corresponding to price levels of 3026--2988--2951.
The 4-hour chart shows a short-term MA5 upward trend, with the price currently operating between MA5 and the upper trend line. The market is currently testing MA120 upwards, corresponding to a price of 3064. The short-term moving averages on the hourly chart are trending upwards, with the medium and long-term moving averages arranged accordingly. The MACD indicator: the MACD indicator's double lines on the 4-hour chart are above the 0 axis, with the fast line trending upwards and the slow line slightly horizontal and upward. Bullish volume bars are generated again. On the 1-hour chart, the double lines are above the 0 axis, with the double lines trending horizontally upwards, and the bullish volume bars are gradually increasing.
RSI Indicator: The RSI indicator currently has the buy line in the overbought phase, accompanied by the sell line about to enter the overbought phase, corresponding to the price of 88--66.
Resistance levels: 3060/3130/3250
Support levels: 2980/2930/2800