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Crypto Circle Academician: On April 11, Ethereum moved from bottoming out to rallying. Ethereum 2248 marks the start of a new cycle. Trend traders are in for a profitable moment! Latest market analysis reference.
Ethereum is currently priced at 2250. Have all the recent low-buying strategies on Ethereum been profitable? Stop listening to those panic calls about a waterfall crash! From 1736 to now at 2247, this rebound has long signaled a trend, yet many are still hesitating and missing out. Today, instead of mysticism, we'll analyze the current market with daily and four-hour dual-cycle breakdowns. No hype, just practical judgments and trading references. After reading, you'll be able to apply it! Honestly, this low-buying opportunity is not luck; it’s about following the trend. Don’t be misled by short-term fluctuations. The low-buying approach has been validated for a long time—stop messing around and follow the trend to earn steadily. That’s better than anything else.
The daily chart shows a short-term northward arrangement pattern. After the MACD indicator experienced a golden cross, it continued to rise, with the red bars expanding significantly, indicating that upward momentum is being released; the middle band of the Bollinger Bands has shifted from resistance to support, with the price trading above the middle band. Overall, it has moved from a downtrend into a consolidation and rebound channel. However, there is resistance near 2258 at the upper Bollinger Band, and the EMA120 remains downward, indicating the medium- to long-term downtrend has not fully reversed. A rebound needs to break through 2300 to confirm continuation.
The four-hour price runs along the upper Bollinger Band, currently holding above all EMA lines, with a clear short-term upward trend. MACD is above the zero line, with the red bars slightly shrinking, but DIF and DEA still maintain a golden cross, showing no reversal signals. The Bollinger Bands are opening upward, with short-term resistance near 2284 at the upper band, and strong support at 2199 on the middle band. Recently, the price has oscillated between 2200 and 2250. Although upward momentum has weakened, the pullback is limited, indicating healthy consolidation during an uptrend.
Short-term reference: (Practical data updated, for details consult the author)
Support at 2220 to 2210 for northward movement, stop-loss at 2180, target 2270 to 2280, break to 2320.
Resistance at 2280 to 2300 for southward movement, stop-loss at 2330, target 2250 to 2220 (cautious short position).
Specific operations depend on real-time market data. For more details, consult the author. The article may have delays; use as reference at your own risk. #Gate现货衍生品双双冲进全球前三