Ether's current technical pattern remains above the moving average system, while the MACD indicator has shown a golden cross pattern signal, indicating that bearish strength is gradually weakening. The Bollinger Bands are narrowing and operating in a strong area, combined with the KDJ indicator showing a long positions arrangement, suggesting that there is still upward momentum in the short term. With the Trading Volume support, the index has already broken through the key psychological level of 3000 points, and recent multiple retracements around 2980 have received effective support. If there is a further increase in trade volumes for an upward attack, there is a possibility of further expanding the upward space.
It is recommended to go long around 2950 and 2900, with the initial target at 3140, and if broken, look towards 3260. $BTC $ETH #内容挖矿赚丰厚返佣
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ether's current technical pattern remains above the moving average system, while the MACD indicator has shown a golden cross pattern signal, indicating that bearish strength is gradually weakening. The Bollinger Bands are narrowing and operating in a strong area, combined with the KDJ indicator showing a long positions arrangement, suggesting that there is still upward momentum in the short term. With the Trading Volume support, the index has already broken through the key psychological level of 3000 points, and recent multiple retracements around 2980 have received effective support. If there is a further increase in trade volumes for an upward attack, there is a possibility of further expanding the upward space.
It is recommended to go long around 2950 and 2900, with the initial target at 3140, and if broken, look towards 3260.
$BTC $ETH #内容挖矿赚丰厚返佣