Ether morning thoughts:



The breakout of the previous high has opened the window, and this wave of "interest rate cut expectation bull" is set to reap the benefits of mainstream coins!

Ether is currently fluctuating around 3925. From a technical and macro perspective, the mainstream coins' rally is imminent!

1-hour level: The price remains stable above the MA7 (3922.87) and MA30 (3911.05) moving averages, forming a short-term bullish arrangement; although the MACD green bars have just appeared, the KDJ indicator still has upward momentum around 65, and the short-term adjustment is considered a consolidation.

Daily level: Strong rebound from the low of 3400, currently approaching the previous high of 4026 near 3925; the KDJ indicator is showing a golden cross upwards, if it breaks through the previous high, the upward space will be fully opened.

Suggestion: Enter long positions in the 3900-3920 range.

First target: 4000-4050

Second target: 4200-4300
ETH-2.68%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)