Wave Seeker in the Coin Sea: 4.23 Cryptocurrency Market Ethereum ( ETH ) Latest Market Analysis and Insights for Today

Wave Seeker in the Coin Sea: 4.23 Ethereum (ETH ) Market Analysis Reference:
Ethereum's daily chart is in a volatile upward channel, with the price steadily rising along the middle band of the Bollinger Bands, and the moving averages are arranged in a bullish configuration, with support levels gradually moving higher;
The MACD indicator remains in a golden cross above the zero line, with the red histogram slightly contracting but no clear bearish signals, RSI and KDJ indicators stay in a neutral to slightly strong zone, not yet entering the extreme overbought area.
Overall, the upward structure on the daily chart remains intact, with a high probability of continuing the high-level consolidation and strength in the short term. The key support levels are near the middle Bollinger Band and the EMA15 line. As long as this support is not effectively broken, there is still momentum to challenge previous highs.
From the short-term hourly chart perspective, Ethereum's 4-hour price repeatedly faces resistance near the upper Bollinger Band, which remains expanding, with the MACD gradually shortening, indicating weakening bullish momentum, but DIF and DEA still maintain a golden cross;
The RSI has slightly pulled back from high levels, and although the KDJ is near the overbought zone, it has not formed a death cross, indicating a phase of high-level consolidation overall.
The key support below is first seen at EMA15 ( 2360 ). If effectively broken, it will test the strength of the middle Bollinger Band support at 2330. If it stabilizes here, a rebound and resumption of upward movement are likely.
Wave Seeker in the Coin Sea: 4.23 Ethereum Short-term Reference:
Short positions: short in the 2450-2420 range, stop loss 30 points, target 2400-2350,
Long positions: long in the 2330-2360 range, stop loss 30 points, target 2380-2420,
This content is originally shared by 【Wave Seeker in the Coin Sea】, representing personal views only. The article may have delays in delivery and is for reference only. Do not operate blindly!
Hope everyone can stick to their principles on the investment journey, regardless of how the market changes, and maintain rationality and calmness. #美伊二轮谈判进展 #Gate13周年现场直击 $ETH