【ETH Breakout Analysis: Focus on Resistance Zone and Rebound Confirmation】
#周末行情分析 Ethereum price has experienced a prolonged period of narrow consolidation and is now showing signs of upward movement. The current price (3,311.65) has broken above the short-term moving average cluster and is testing a key resistance area. The MA100 (3,313.51) and the previous high point of the consolidation range (around 3,320-3,330) form the current major resistance zone.
Technical Structure Evolution:
1. Breakout and Resistance: The price has clearly moved away from the previous dense trading zone of 3,295-3,310, breaking through multiple short-term moving averages such as MA20 (3,308.84). The challenge now is whether it can effectively overcome the MA100 and the previous high pressure zone at 3,320-3,330. This is critical for determining whether the rebound will upgrade to a trend reversal. 2. Momentum and Volume: The MACD indicator shows that DIF (2.58) and DEA (2.87) are tightly aligned above the zero line, with a very small red momentum histogram (MACD: -0.29), indicating a pause in upward momentum and signs of high-level fatigue. Fresh buying strength is needed to open up space. Volume (Vol) has increased but it remains to be seen whether this can be sustained. 3. Moving Average Arrangement: Short-term moving averages (MA5-MA20) are beginning to turn upward and form support, but MA50 (3,299.40) remains below the price at some distance. The medium- and long-term moving averages have not yet formed a bullish alignment, so the current move can only be regarded as a strong rebound or a range-bound upward shift. 4. Market Sentiment: RSI has risen to 54.63, entering a neutral to slightly bullish zone, with no overbought pressure for now, leaving room for further upward movement.
Operational Strategy and Key Levels: Currently, it is not advisable to chase the high. Strategies should focus on “breakout and retest confirmation” or “reversal at resistance.”
Summary: ETH has exited the consolidation zone, and the short-term structure has turned stronger. However, it faces strong resistance zones above, making continuous upward rally less likely. The more probable scenario is a pullback after a rally or a sideways digestion of pressure. Traders should avoid blindly chasing gains near resistance levels and patiently wait for more ideal entry points or clear breakout confirmation signals.
Subscribers can access our real-time analysis of ETH/BTC exchange rate changes and detailed phased profit-taking strategies for this upward move. The above analysis is for market opinion sharing only and does not constitute any investment advice. Cryptocurrency volatility is extremely high; please ensure proper risk management and independent decision-making.
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【ETH Breakout Analysis: Focus on Resistance Zone and Rebound Confirmation】
#周末行情分析
Ethereum price has experienced a prolonged period of narrow consolidation and is now showing signs of upward movement. The current price (3,311.65) has broken above the short-term moving average cluster and is testing a key resistance area. The MA100 (3,313.51) and the previous high point of the consolidation range (around 3,320-3,330) form the current major resistance zone.
Technical Structure Evolution:
1. Breakout and Resistance: The price has clearly moved away from the previous dense trading zone of 3,295-3,310, breaking through multiple short-term moving averages such as MA20 (3,308.84). The challenge now is whether it can effectively overcome the MA100 and the previous high pressure zone at 3,320-3,330. This is critical for determining whether the rebound will upgrade to a trend reversal.
2. Momentum and Volume: The MACD indicator shows that DIF (2.58) and DEA (2.87) are tightly aligned above the zero line, with a very small red momentum histogram (MACD: -0.29), indicating a pause in upward momentum and signs of high-level fatigue. Fresh buying strength is needed to open up space. Volume (Vol) has increased but it remains to be seen whether this can be sustained.
3. Moving Average Arrangement: Short-term moving averages (MA5-MA20) are beginning to turn upward and form support, but MA50 (3,299.40) remains below the price at some distance. The medium- and long-term moving averages have not yet formed a bullish alignment, so the current move can only be regarded as a strong rebound or a range-bound upward shift.
4. Market Sentiment: RSI has risen to 54.63, entering a neutral to slightly bullish zone, with no overbought pressure for now, leaving room for further upward movement.
Operational Strategy and Key Levels:
Currently, it is not advisable to chase the high. Strategies should focus on “breakout and retest confirmation” or “reversal at resistance.”
Summary: ETH has exited the consolidation zone, and the short-term structure has turned stronger. However, it faces strong resistance zones above, making continuous upward rally less likely. The more probable scenario is a pullback after a rally or a sideways digestion of pressure. Traders should avoid blindly chasing gains near resistance levels and patiently wait for more ideal entry points or clear breakout confirmation signals.
Subscribers can access our real-time analysis of ETH/BTC exchange rate changes and detailed phased profit-taking strategies for this upward move.
The above analysis is for market opinion sharing only and does not constitute any investment advice. Cryptocurrency volatility is extremely high; please ensure proper risk management and independent decision-making.