Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#Gate上线Ondo专区现货交易 #九月份加密市场能否突破 #今日你看涨还是看跌?
Ethereum
Yesterday's review showed that Ethereum was in a low-level sideways fluctuation during the day. It did not effectively break below the support level of 4300, with a lowest point at 4281. After stabilizing at the middle band of the Bollinger Bands on the hourly chart at 17:00 in the afternoon, it surged to 4350, then oscillated between 4340 and 4375. It later rose all the way to a high of 4484 and is currently fluctuating sideways at a high level. If it cannot stabilize above the 4480 level, it will continue to drop and correct. If it stabilizes, the pressure point above is at 4520.
Technical Analysis
The 4-hour chart is currently in a high-level consolidation, with the Bollinger Bands' three lines nearly parallel, but showing a trend of opening outward. The corresponding range for the three lines is: 4497-4376-4255.
The MA moving average indicator is currently gradually turning upwards in the short term. The current market is above the support levels of MA60 and MA120. If it stabilizes in the price range of 4440-4450 during this phase, it will continue to test the resistance at 4520.
The MACD indicator is currently in a golden cross and trending upwards, with the fast line above the zero line, but the bullish energy bars have started to weaken, indicating a pullback is likely.
The RSI indicator is in the overbought zone, and the buy line has crossed below the sell line, forming a death cross and leading to a downward trend in the market.
Conclusion: The market is consolidating at high levels.
Sorting Phase: 4442--4468
Resistance levels: 4515, 4580, 4610, 4660
Support levels below: 4437, 4380, 4340, 4300
High-altitude strategy: you can establish a short position around 4510, add to the position at 4580, and set a stop loss at 4600.
First Take Profit: 4440
Second take profit: 4380
Long strategy: If it breaks down below 4410, a long position can be established near 4350, with an additional buy at 4250 and a stop loss at 4200.
First Take Profit: 4425
Second take profit: 4490