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As a trader with ten years of experience, from a long-term perspective, the current trend of ETH has strong technical and financial support, and is expected to continue to rise in the next few weeks. The following is a brief analysis based on market structure, technical aspects and capital flows: 1️⃣ Market structure and support areas ETH currently forms strong support in the 4400–4500 range, which is also the previous rebound high and coincides with the MA60 and Fib retracement 0.618 callback levels. If this support area is effectively held, ETH is expected to rise steadily. The 4300-4350 range below is the bottom support. If this range is held, ETH is expected to break through upward. 2️⃣ Technical analysis RSI and MACD RSI fluctuates around 50, indicating that market sentiment is stable and there is no overbought or oversold situation. MACD forms a golden cross, and the short-term momentum remains upward. If it breaks through 4500, the upward momentum will be stronger. Bollinger Bands The middle rail of Bollinger Bands is 4400, forming solid support. ETH is likely to rise further after breaking above the 4500–4550 range. 3️⃣ Market sentiment and capital flow After the US market opened, Bitcoin rose steadily, market sentiment recovered, and funds began to flow into ETH. ETH has a strong linkage with Bitcoin, and capital inflows in fields such as NFT and DeFi have provided support for ETH. 4️⃣ Short-term operation suggestions support level The short-term support level is near 4400. If it pulls back here and holds the support, you can consider buying on dips with a target price of 4500-4550. pressure level After breaking through the 4500-4550 range, the target is looking at 4600-4700. Risk control If it falls below 4350, you should consider reducing your position and wait for further confirmation from the market. 5️⃣ Summary ETH is currently in a shock consolidation stage, but has strong technical and financial support. Market sentiment is gradually recovering, and funds are flowing into ETH. After breaking through the 4500–4550 range, ETH is expected to continue rising. Investors should pay attention to key support and pressure ranges, seize rising opportunities, and strictly control risks. Operational strategy Buy on dips: The support level is 4400-4450. If it pulls back here, buy on dips and target 4500-4550. Breakout strategy: If it breaks through 4550, target 4600–4700. Risk control: If it falls below 4350, reduce your position and wait for further confirmation. Through the guidance of technical analysis and capital flow, ETH is expected to usher in rising opportunities. ![]() |