Crypto Circle Academician: Ethereum Support Moving Up at 3.10, Does This Mean the Bulls Are in Control? Latest Market Analysis and Strategy Reference

Ethereum is currently priced at 2015. It is now 2:30 AM Beijing time. Yesterday, I was mocking others for increasing their positions northward, but the market suddenly surged, passing through 1900 and breaking through the 2000 mark. The daily chart has recovered from the previous two days' decline and is now testing the EMA30 resistance at 2080. The key resistance level to watch is around the Fibonacci retracement 0.786 at 2150. MACD is showing increasing volume, with DIF and DEA also expanding upward. The candlestick has broken through the middle Bollinger Band at 1975, with the upper band at 2100.
The four-hour candlestick has four consecutive bullish days, breaking through the EMA120 resistance at 2020. It is currently consolidating at this level. MACD continues to expand with increasing volume, and DIF and DEA are forming a golden cross below the zero line. If the market further tests 2080, there is a high probability of initiating a new northward trend. The Bollinger Bands have contracted, raising the bottom support to 1970 and 1930. The upper band is still at 2017. Overall, the 2000 level is a very critical psychological threshold, and attention should be paid to this area.
Short-term reference: (Practical data has been updated. For detailed consultation, contact the author)
Support from 1950 to 1900 going north, defend at 1850, stop loss 40 points, target 2000 to 2050, break below targets 2100 to 2150.
Resistance from 2200 to 2250 going south, stop loss 40 points, target 2150 to 2100, break below targets 2050 to 2000.
Specific operations depend on real-time market data. For more information, contact the author. The article may have publishing delays; this is for reference only, and risk is self-managed.
#国际油价突破100美元