9.2 Ethereum Market Analysis

Ethereum's early morning dip to 4200 has formed a bottom and rebounded. It has now broken through the Fibonacci level of 4350, with subsequent resistance turning into support. The one-hour Bollinger Bands are narrowing downwards. The moving average is about to break the middle track. On the four-hour chart, the bare K has touched the lower track support. If Ethereum falls back close to 4350, a long position can be set up. The attached MACD indicator shows a dead cross with decreasing volume, while the KDJ indicator is showing a golden cross and rising. Overall, Ethereum's bullish trend is strong, and it is recommended to follow the trend.

Operational Advice: Buy in batches at 4350-4320

Target: 4400-4450-4500

Risk Control: 4300