ETH

Currently, it is 10:30 AM Beijing time on the 26th. Let's analyze the current trend of ETH. Those who followed my strategy yesterday should have caught some gains if they were more aggressive. Although the exact entry points weren't hit, the high short position yesterday was around 2980, and the low long position was around 2870. At present, the market has been oscillating within a range over the past few days, and short-term short and long positions are still operable.
Bollinger Bands: The current price has experienced a rally. From the four-hour chart, the price shows an upward trend, testing the upper band. If it can break through effectively, it will attempt to reach the 3030 high. The four-hour Bollinger Bands are still in a parallel state, with the bandwidth not fully expanded. Currently, the price may consolidate sideways at a high level. If the price remains above the middle band in the future, the market could further rally. The current price is starting to decline after rising to the 8-hour MA30 resistance level.
On the 1-hour chart, the price rose to the upper Bollinger Band and then pulled back. The bandwidth of the Bollinger Bands has widened, and the short-term moving averages are turning upward. This rally may be influenced by news factors, and the current state is a high-level sideways consolidation.
MACD: On the 1-hour chart, MACD is below the zero line and has turned upward to form a golden cross, indicating increasing bullish momentum. On the 4-hour chart, MACD has also formed a golden cross, with bullish momentum strengthening.
RSI is in the normal trading range, with a value of 64-63.
Conclusion: The market is bullish.
Resistance levels: 2990, 3060, 3180
Support levels: 2860, 2720, 2620
Long strategy at high levels: If the price fails to break through 2900 upward, establish a short position near that level, add to the position at 3060, and double down at 3180, with a stop loss above the breakout.
Short strategy at low levels: Long positions around 2860, add at 2720, and set a stop loss below 2620.