$ETH
Core conclusion: In the short term, it is a game at a critical resistance level. The bullish trend has not been broken, but momentum is weakening. In the long term, it still shows a bullish pattern, and we need to wait for a breakout signal to confirm the direction.
Auxiliary indicators: MACD continues to expand, DIF and DEA maintain a golden cross state, the bullish continuity is clear, and we need to wait for a breakout signal to confirm the timing of entry.
2-hour MACD: Bullish momentum is weakening, but it remains positive; the probability of short-term fluctuations is relatively high. Hourly chart: The Bollinger Bands are narrowing, and the market is operating above the middle track, showing obvious selling pressure, with upward momentum slowing down, presenting a fluctuating upward pattern.
Short-term operational reference
Go long: near 3050, go short: near 3150-3170, making a high sell low buy two-way order.
There is currently no clear directional guidance from the technical aspect, so it is important to pay attention to the breakout situation at the 3170 resistance and 3050 support. Before the breakout, it is recommended to hold a light position and observe, avoiding chasing highs and killing lows.
