$ETH
Technical Indicators: The short-term moving average EMA (7) is above EMA (25), and both are trending upwards, indicating a certain bullish trend in the short term; the MACD's DIF is 54.34, DEA is 50.87, and MACD is 3.48. The DIF is above the DEA and the MACD is positive, suggesting that bullish momentum is still present but showing signs of weakening; in terms of trading volume, there has been a situation of increasing volume followed by a decrease in volume after a recent rise.
Price Trend: The price reached a high of 3397.50 within 24 hours before falling back, with the latest price at 3308.25, currently in an adjustment phase.
Future 24-hour Trend Prediction
The price is likely to fluctuate within a certain range, with the upper resistance level focusing on the 24-hour high price around 3397.50, and the lower support level focusing on the 24-hour low price around 3089.01. If it can effectively break through the resistance level, it may continue to rise; if it falls below the support level, there is a risk of further decline.
Trading Strategy
Bullish Strategy: If the price pulls back to the range of 3100 - 3150 (near the EMA (99) support level), and shows signs of stabilizing with increasing volume, and the MACD indicator does not show a death cross, a light long position can be taken, with a stop loss set below 3080, targeting 3350 - 3400 (near previous highs and upper resistance levels).
Bearish Strategy: If the price rebounds to the range of 3380 - 3400 (near the previous high resistance level), and shows signs of decreasing volume, MACD indicator divergence or death cross, a light short position can be taken, with a stop loss set above 3420, targeting 3200 - 3150 (near EMA (25) and lower support levels).
Risk Control: Regardless of bullish or bearish positions, the position size should not be too heavy, and it is recommended to control it within 10% - 15% of total funds, while strictly setting stop losses and take profits to avoid significant losses from extreme market movements.


