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$ETH Crypto Circle Academician: On 4.15, Ethereum's short-term correction does not change the medium-term bullish pattern; the daily chart's upward structure remains healthy! Latest market analysis and trading suggestions
Ethereum is currently priced at 2335, and many crypto enthusiasts are again debating whether to hold or sell now. Many people hesitate before the market starts, chase after the rise once it begins, panic and cut losses during pullbacks, and ultimately miss out on profits, causing their mindset to collapse. Actually, the crypto world isn't that complicated; there's no need to listen to all kinds of rumors or gamble on luck. By observing the trend correctly and safeguarding key levels, you can avoid most pitfalls. Today, I will break down the market clearly so that after reading, you'll know how to respond and can directly copy the strategy.
After the low point of 1736 on the daily K-line, the price successfully broke above multiple EMA lines, forming a clear bottoming and rebound pattern. The MACD red bars continue to enlarge, indicating that the bullish momentum dominates. DIF and DEA stay above the zero line and keep rising, with no signs of reversal; the Bollinger Bands have shifted from convergence to divergence, and the price is approaching the upper band, indicating the daily upward trend is continuing. The key support level below is near the middle band at 2160; as long as it holds, the bullish trend is unlikely to reverse.
On the four-hour K-line, the moving average system remains in a bullish arrangement, with EMA15, EMA30, and EMA60 rising sequentially, supporting levels moving upward. Although the MACD red bars have slightly shrunk, they still stay above the zero line, and DIF and DEA have not formed a death cross, so the bullish momentum has not exhausted. The Bollinger Bands are opening upward, with the price moving between the middle and upper bands. The short-term resistance is near 2411 at the upper band, and support is at 2115 at the lower band. The current trend has a high probability of continuing.
Short-term reference: (Practical data has been updated; for details, consult the author)
Support from 2290 to 2310, stop-loss at 2250, target at 2365 to 2400; if broken, look for 2440.
Resistance from 2380 to 2400, stop-loss at 2440, target at 2320 to 2290; if broken, look for 2260.
Specific operations depend on real-time market data. For more details, consult the author. The article may have publishing delays; for reference only, risk is on your own. #加密市场回升