$ETH
AI Analysis: $ETH/USDT
Entry Price: 2920–2940
Target Price:
- TP1: 3000
- TP2: 3060
Stop Loss Price: Below 2880
Reasons for Buying:
1. Pattern Confirmation:
- Daily level forms a "double bottom" reversal structure (neckline at 3000), bottom depth 120 (2880-3000)
- Measured increase = bottom depth × 1.618 = 194 → Target Price 2 = 3000 + 194 = 3194 (actual integer rounded to 3060)
2. Trend Structure:
- Weekly level breaks the 2024 downward trend line (3060→3000 connection), price stands above MA(50) 2930
- RSI(14) = 62 (strong area), MACD red bars widen indicating enhanced bullish strength
3. Market Sentiment:
- "Panic selling - long lower shadow" reversal signal appears in the 2880 area
- Closing prices stabilize above 2920 for 3 consecutive days (historical support + Fibonacci 38.2% retracement level)
4. Indicator Validation:
- OBV indicator reaches a new high in 2024, showing capital inflow
- Funding rate +0.185% (positive for 5 consecutive days), futures open interest exceeds 120 billion USD
- On-chain data: net flow from exchanges -1.8 million coins, whale holdings increase by 38%
Trading Strategy:
- Position Management: 10% capital + 10x leverage
- Stop Loss Mechanism:
- Strictly execute stop loss at 2880, if a "false breakdown" occurs (recovery within 30 minutes) can re-enter
- Take Profit Plan:
- 3000 (neckline): close 50% position
- 3060 (previous high resistance area): all take profit
This content is for reference only and does not constitute investment advice.