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11:30 AM sharing
Looking at the four-hour level, the Bollinger Bands show an upward opening trend, with the price operating between the middle band and the upper band, and it has stabilized above the five-day moving average. The five-day moving average is showing a continuous upward trend, with bullish momentum gradually accumulating, indicating that the overall technical pattern favors a short-term bullish market. Currently, the price is showing volatile characteristics around 91000. The MACD indicator shows that both the fast and slow lines are above the zero axis and maintain a golden cross state, with red momentum bars continuously increasing, indicating that bullish momentum remains solid. The nearest support level below is 90000, with further support to observe at 89500; the resistance level above is focused on 91500, with strong resistance around the previous high of 92000. If the price can effectively break through this resistance level, it is expected to further open up upward space. The current price of Ethereum is fluctuating around 3000, and a hammer candlestick with a long lower shadow appeared at the four-hour level, which was subsequently confirmed by three consecutive bullish candles, pushing the price to break through the neckline at 3050. Currently, the moving average system is initially forming a bullish arrangement, overall in a high-level oscillating structure. The main pressure still concentrates on the 3050 range; if the price fails to effectively break through this level, it is expected to maintain an oscillating trend.
Bitcoin: You can go long around 90000, aiming to see around 92000.
Auntie: Buy around 2970, target to see around 3090 #加密市场回暖