#加密市场回调 Today, the Ethereum market is performing flat, with a price drop of about 1.14%, showing signs of fatigue after a recent continuous rise, and the market has entered a weak and volatile pattern.



From a daily perspective, Ethereum has failed to maintain its upward momentum after breaking through the midline and is currently facing strong resistance at the upper line. In terms of technical indicators, the MACD histogram is contracting, and the RSI is hovering around the 50 line, indicating that the upward momentum is waning. If it cannot stabilize above $4200, Ethereum is likely to return to the adjustment channel.

On the 4-hour timeframe, $ETH has encountered multiple resistances in the 4230-4250 range, forming a typical short-term double top pattern, indicating a possible downward trend. The KDJ indicator has formed a death cross and is moving downwards, while the MACD indicator is about to turn from red to green, all of which are relatively clear bearish signals. The 15-minute chart shows that the short-term trend continues to weaken, with the rebound highs gradually declining, and it is expected to test the key support area of 4080-4050 dollars in the short term.

Technical analysis shows that Ethereum's current support levels are at 4080, 4010, and 3900 dollars, while the resistance levels are at 4200, 4250, and 4310 dollars.

According to the current market conditions, the trading strategy suggests shorting in the 4180-4200 range, with the target set in the 4100-4050 area.
ETH-3.72%
View Original
post-image
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
BearWhisperGodvip
· 18h ago
Hehe, short positions are just here to make jokes.
View OriginalReply0
ShamedApeSellervip
· 10-28 12:23
Go long or shorting is useless, Reverse is the way to go.
View OriginalReply0
RiddleMastervip
· 10-28 12:16
Looks like it's going to pump again
View OriginalReply0
LiquidityWizardvip
· 10-28 12:14
It's stable. Selling with bearish market is a buying the dip opportunity.
View OriginalReply0
RadioShackKnightvip
· 10-28 12:14
Isn't this just a pullback hedge? Just do it~
View OriginalReply0
NFTRegretfulvip
· 10-28 12:14
What the hell are you panicking about? Can't even handle a sideways market?
View OriginalReply0
OneBlockAtATimevip
· 10-28 12:01
Another round of Be Played for Suckers.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)