10.2 Ethereum Market Analysis

Ethereum rose to 4420 during the National Day holiday and is currently stable around the 4400 mark. The Bollinger Bands on the hourly level show a narrowing upward trend, while the MA moving averages maintain a golden cross cycle. Short-term support to watch is 4360, and reaching this level could allow for long positions. Resistance to watch is at 4475, and touching this level suggests a cautious approach to holding short positions. The four-hour level remains in the overbought range, and existing long positions can be held steadily. Overall, the bullish trend for Ethereum is strong, and it is recommended to pursue long positions.

Action Suggestions: 4360-4330 accumulate longs in batches

Target: 4430-4470

Risk Control: 4310