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#Gate13周年现场直击 $ETH Crypto Circle Academician: On 4.18, Ethereum surged to 2431. Is it a false breakout or a real breakthrough? Watch this and you'll be clear! Latest market analysis and trading suggestions
Ethereum's current price is 2430. The second wave of this rebound is indeed strong, but many people are only now realizing they want to chase. Entering at this point is likely to be the main players taking the bait. The crypto market is always about the early movers who eat the meat first, and the latecomers who buy in afterward. We don't chase rising prices and sell at the dip like weeds; we trade with a plan, using technical analysis to find safe entry points, steadily making profits without falling into traps. If you want to keep up with the rhythm, just keep reading below,
The daily K-line has broken above the upper Bollinger Band at 2443, and the Bollinger Bands are opening upward, indicating a clear upward trend. The MACD indicator's red bars are continuously enlarging, with the DIF line and DEA line moving upward in sync, showing strong buying momentum. The moving average system is arranged in an upward pattern, with the EMA30 below at around 2200 forming a strong support. As long as it doesn't break below this level, the upward trend remains intact.
The four-hour price steadily rises along the upper Bollinger Band, with the moving averages maintaining an upward arrangement. The EMA15 and EMA30 are both moving higher, forming step-like support. Each pullback to the moving averages is quickly recovered, controlling the rhythm upward. Although the MACD red bars have slightly shortened, they are still above the zero line, with no obvious divergence signals. Currently, the price is approaching the high point of 2463, so there may be short-term oscillation and digestion pressure. As long as the pullback does not break below 2350, the upward trend continues.
Short-term reference: (Actual trading data has been updated, for details consult the author)
Support below at 2350 to 2400, stop-loss at 2320, target at 2460 to 2500, breaking through to 2550
Resistance above at 2450 to 2470, stop-loss at 2500, target at 2400 to 2350
Specific operations depend on real-time market data. For more information, consult the author. The article may have some delay, so use it as a reference at your own risk.