#ETH 9.14 Market Analysis Interpretation

From the daily perspective, KDJ and MACD golden cross resonance has increased with volume, BOLL has currently shifted from a downward trend to an upward oscillation, although the ultra-short-term BOLL has broken; in terms of the main chart, MA5 and MA10 daily moving averages are oscillating upward, but there is a significant gap between the main chart coin price and the five-day moving average. Although Ethereum has continued to rise strongly during the day, technically, overall, it is still slightly oscillating downward in the early morning and tomorrow morning.

From the 12-hour perspective, KDJ and MACD bullish momentum has decreased, and BOLL has broken; in terms of the main chart, MA three-day moving averages are strongly arranged in a bullish manner, but Ethereum has stabilized at the green TD9 and encountered lagging, while the adjacent Bitcoin has currently formed a green TD13, so overall it is leaning towards oscillating downward in the early morning, mainly for technical recovery.

Summary: I personally expect that the overall trend in the early morning and tomorrow morning will oscillate downward, primarily focusing on technical recovery in the short term, with key support levels around the daily MA5 moving average, roughly in the price range of 4530-4460.

If this round of pullback cannot effectively break below the support, the subsequent Ethereum weekly TD9 will continue to encounter lag (in plain language, if the bottom support does not break, it will continue to increase in volume), with strong resistance remaining around the 4900-5100 range.

The above is my personal market analysis for the early morning, for everyone's reference.