Sister Mei's ETH Market Analysis

Current ETH price is around 3180, with an intraday increase of +2.9%. Ethereum strongly broke through 3100 yesterday and quickly rose to 3239, followed by profit-taking, currently fluctuating around 3180. The overall trend remains strong, but there is short-term pressure for high-level adjustments, and attention should be paid to the sustainability of the upward momentum.

BOLL: Upper band at 3237, middle band at 3120, lower band at 3003; the K-line is running between the middle and upper bands, and the Bollinger Bands are notably widening, indicating that the bullish trend continues, but the upper band area of 3230–3250 forms short-term resistance. If the price effectively breaks through this range, it will open up further upward space; if it continues to be blocked, it may retest the middle band at 3120 for support.

MACD: DIF: 50.70 DEA: 51.81 Red bars slightly shortened. MACD remains above the zero line, and the bullish structure has not been damaged, but the red bars are weakening, indicating that momentum is beginning to slow. If DIF subsequently crosses below DEA, it will enter a short-term corrective rhythm.

Long Position

Entry Point: 3140 – 3155

Target Price: 3215–3250

Stop Loss Position: 3020, a break below can consider exiting directly.

Short Position

Entry Point: 3235 – 3255, resistance encountered upon retracement

Target Price: 3180-3155

Stop Loss Position: 3275, a break above can consider exiting directly.

Overall, ETH maintains a strong bullish structure, but short-term upward momentum is weakening, with risks of high-level fluctuations and corrections. As long as 3120 is not effectively broken, the mid-term bulls still dominate.

Strong market enters a cooling period, with fluctuations and corrections as the main focus, and low buys remain the main line, while high shorts should only be defensive.

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