4.18 ETH Morning Market Analysis



I. Logical Support

- Structural breakout: Hold above the previous high of 2400, break through the upper boundary of the converging triangle, and confirm the bullish structure.
- Volume and price alignment: Breakout with rising volume, pullback with shrinking volume, and active capital absorption.
- Indicator confluence:
- Daily: MA5/10/20 bullish alignment, MACD golden cross above the zero axis with divergence
- 4H: RSI 62 (healthy and slightly strong), KDJ not overbought, no top divergence
- 1H: Bollinger Band middle rail support (2390), price strengthens along the upper rail
- Key levels:
- Strong support: 2390—2400 (breakout level + daily MA5)
- Strong resistance: 2450—2460 (previous high dense zone)

II. Trend Qualitative Analysis

Short-term: Strong bullish momentum, range-bound upward movement, buy the dips

- No top signal appeared (no breakout with increased volume and long upper wicks, no indicator divergence, no breakdown of the level)
- Rhythm: Dip confirmation → another push → consolidation at high levels

III. Practical Trading Targets

1. Go Long

- Entry: 2405—2415
- Target 1: 2440
- Target 2: 2455

2. Go Short

- Entry: 2450—2460
- Target: 2420—2400
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