#ETH

From the current daily chart of Ethereum (ETHUSDT), the following points can be used as analytical basis:
1. Current price trend and technical indicator analysis:
• Price Level: The current price of ETH is 3963.75 USDT, close to the recent high point of 4105.65, but it has not been able to break through effectively, indicating some resistance.
• Moving Average (MA):
• MA5: 3936.03 USDT (short-term support).
• MA10: 3873.54 USDT (mid-term support).
• MA30: 3647.97 USDT (long-term support).
The price is still above all moving averages, indicating that the overall trend is still upward, but there is short-term retracement pressure.
• Bollinger Bands (BOLL):
• Upper Band (UB): 4105.01 USDT, indicating short-term upward pressure.
• The midline and the lower line provide medium-term and downward support respectively (3810.85 and 3516.69 USDT).
• When the Bollinger Bands start to narrow, it indicates that the short term has entered a range of consolidation and oscillation.
• MACD: The red column shortens, and the DIF line tends to stick to the DEA line, indicating a weakening of short-term momentum, possibly in a state of adjustment or oscillation.
• KDJ Indicator: The K value (71.42) and D value (68.98) are close to the overbought zone, indicating insufficient short-term upward momentum.
2. Contract operation strategy:
Short-term strategy (suitable for futures)：
• Short-term resistance level: Above 4100 USDT.
• Short-term support levels: 3936 USDT (MA5) and 3873 USDT (MA10).
• Operating Suggestions:
• If the price touches the area of 4100-4110 USDT but fails to break through, consider taking a short position with a small position, target near 3936 USDT, and stop loss set at 4125 USDT.
• If the price retraces to the area near 3930-3940 USDT and finds support at that level, you can establish a long position with a small position size, targeting 4000-4050 USDT, with a stop loss set at 3910 USDT.
Mid-term strategy (suitable for stable operations):
• If the price successfully breaks through 4100 USDT and stabilizes, you can add long positions in the direction, with a target above 4200 USDT.
• If it falls below 3870 USDT (MA10), there may be a pullback to 3700-3750 USDT, where you can gradually establish long positions for the medium term.
3. Risk Management:
• Position Control: It is recommended to control the single opening position within 10%-20% of the total position.
• Strict take-profit and stop-loss to prevent losses from market fluctuations.
• Pay attention to this week's Federal Reserve interest rate decision and other macroeconomic news, which will trigger violent market fluctuations.
In summary, the current ETH is in a oscillation and consolidation phase. Pay attention to the breakthrough of the support at 3936 and the resistance at 4100, and adjust the direction of operation flexibly.