ETH's recent trend is still quite interesting. The market has been oscillating around 3300, with the short-term moving averages MA5 and MA10 both maintaining an upward arrangement, indicating that the upward trend has not been broken.



From the indicator perspective, RSI remains above 50, showing that the bullish forces are indeed dominant. More importantly, the MACD line has already moved above the signal line, and the distance between the two lines is gradually widening, which usually signals that the bullish momentum is accumulating. However, the J line of KDJ has already touched around 80. Although it hasn't truly entered overbought territory yet, we should keep an eye on whether a pullback might occur later.

Combining these signals, if you want to chase this upward move, you can look for opportunities to go long in the 3290 to 3300 range. Set the stop-loss at 3275; if this level is broken, it indicates that the outlook might need to change. For take-profit, you can set two targets: the first at 3340 and the second at 3360. This approach helps better control the risk-to-reward ratio.
ETH-1,24%
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DAOTruantvip
· 01-20 12:02
The 3300 level is a bit stuck, feels like we need to wait a bit longer.
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StakeOrRegretvip
· 01-20 00:49
This level of 3300 is really stuck, it feels like it will either break through 3340 or retest 3275. --- MACD widening sounds good, but KDJ is almost 80, do you still dare to chase? I'm a bit hesitant. --- Splitting profits into two levels is smart, but I'm more concerned about whether this wave can really break out or if it's just a false alarm. --- MA5 and MA10 arranged upwards don't mean much, the key is trading volume. I never believe in upward movement without volume. --- Breaking 3275 and immediately changing strategy, that's easy to say, but when it actually happens, the mindset will collapse. --- The bulls are in the lead, right? Then I'll lay in wait at 3290 and see. Anyway, the stop loss is only 25 points.
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TrustlessMaximalistvip
· 01-17 21:16
The 3300 level really keeps tormenting us, but looking at the MACD performance, it does give some ideas.
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GasGuzzlervip
· 01-17 16:50
3290 going long? I think we should wait a bit more, KDJ is already at 80, and I'm a little uncertain about it.
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DegenWhisperervip
· 01-17 16:47
I'm a bit skeptical about the 3300 level. KDJ is almost at 80; do you still dare to chase?
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BridgeJumpervip
· 01-17 16:42
The 3300 level keeps fluctuating back and forth, feeling like it's just teasing us.
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DecentralizedEldervip
· 01-17 16:33
The 3300 level is indeed interesting; it feels like there's still room to push further.
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