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The weekend market is relatively light and basically fluctuates in a narrow range, and the current trend, the long and short are still unable to break the balance range of 103000-107000 for the time being; At the same time, the daily K is still in a mode of exchanging time for space, and the subsequent variables of this move will be very large, if there is a fundamental stimulus, even the 110,000 integer mark cannot be stopped; If there are no fundamentals, the world will return to calm and the bullish trend will come to an end. Next, the Fed's policy is also a very critical part, interest rate hikes and interest rate cuts are expected to have been formed, and it is now a fact stage, if the facts are announced, it is not necessarily good, but it may be a big negative.
From the perspective of the disk trend, the current daily level shows a rapid rebound in the short term, forming a long white candle and closing higher for two consecutive days, showing a strong upward trend in the short term. The hourly level fluctuated upwards in the range of 103000-107000, and repeatedly tested the previous high area but failed to break through effectively. The hourly MACD histogram of the technical indicator continues to be positive, and both DIF and DEA diverge upward, indicating that the short-term bullish momentum is strong; The daily MACD is also in a golden cross state, but the red column is shortened, so you need to be wary of a possible pullback. The hourly RSI is currently around 65, close to the overbought zone, but has not yet entered the extreme overbought; The daily RSI is gradually rising above 60, indicating that there is still some upward momentum in the medium term. The hourly line EMA7, EMA30, and EMA120 show a bullish arrangement, and the price is always running above EMA7, and the short-term support is obvious; The daily EMA system also maintains a bullish structure, the distance between EMA7 and EMA30 expands by 106800-106000 short, the stop loss is above 107800, and the target is 104800-104000
103800-104600 long positions, stop loss below 102500, target 105500-106500
Zhou Yanling's 6.8 Ether trading strategy:
1. Long positions at 2450-2480, stop loss below 2400, target 2550-2600-2650
2. Short at 2650-2600, stop loss above 2700, target 2530-2490