#CPI数据来袭 Today's Ethereum Technical Analysis and Trading Suggestions:



Ethereum is currently at a critical price level, with the 3850 area considered for buying. If it pulls back to around 3820, it would be a good opportunity to increase positions, and it is suggested to set the risk control stop-loss level below 3790. If the market develops as expected, the short-term target price can be aimed at 4050.

From the 4-hour chart, Ethereum has recently shown a consolidation pattern around the price line of 3870. The long upper shadow formed by the candlestick on October 23 indicates that there is still significant selling pressure at high levels.

Recently, the price trend rebounded from around 3800, reaching a high of about 3875, but the overall structure still shows characteristics of a weak rebound, and it has not yet escaped the influence of the downward trend.

From a technical perspective, it is important to focus on the resistance zone of 3910-3935. In terms of the MACD indicator, the histogram has turned positive and is close to the zero axis, indicating that there is some rebound momentum in the short term, but the upward strength is limited.

()$BNB
ETH-2.07%
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SatsStackingvip
· 10-24 14:06
What technical analysis? Just buy the dip and that's it.
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BearMarketMonkvip
· 10-24 03:39
I bought the dip ten thousand times in a Bear Market.
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GasWastervip
· 10-24 03:37
bruh these gas fees gonna kill me before eth hits 4k fr fr
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InfraVibesvip
· 10-24 03:30
What's the point of analyzing such a poor market?
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MEVHunterNoLossvip
· 10-24 03:29
Who can compete with me in short-term knife skills?
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