Crypto Circle Academician: Ethereum’s current price is 2345: moving averages in a bullish alignment—does a pullback mean a chance to buy the dip? Latest market analysis and trading suggestions



Ethereum’s current price is 2345. Watching ETH bounce around at 2345, I suddenly understand a principle: the market never moves according to your expectations. Many times, we lose not because we can’t understand the market, but because we can’t control our own hands. We always want to catch every fluctuation, but in the end we get harvested by the volatility instead. Those who can truly survive in the crypto market are the ones who know how to wait for the wind to come. Keeping a steady mindset is more important than staring at the screen.

The daily K-line is currently closing near 2345. The price is holding above all moving averages—EMA15/30/60/90/120. The upward (northbound) alignment is orderly and intact, with support building up in layers. The MACD indicator is running above the zero line. Although the red histogram bars have not expanded significantly, there is no obvious bearish top divergence, and the northbound momentum is still continuing. The Bollinger Bands are opening upward, and the price is moving between the middle band and the upper band. The middle band around 2232 is a strong medium-term support. As long as the price does not break below this range, the rebound trend at the daily level has not been damaged, and there is still room for short-term upward attempts.

The four-hour K-line is currently in a mild pullback phase after an upward move. The price is falling back under pressure near the EMA15 level. Even though the moving average system still shows a northbound alignment, the short-term upward push tempo has clearly slowed. The MACD red histogram bars continue to shorten, and the DIF has formed a death cross with the DEA, meaning downward momentum is starting to release and short-term correction risk is increasing. The Bollinger Bands are narrowing: the price has pulled back from the upper band toward the middle band. The Bollinger middle band around 2362 has shifted from support to resistance, and the lower band at 2321 is the key short-term support. If it breaks, it will very likely seek support around 2280.

Short-term reference: (Practical data has been updated—consult the author for details)

Buy-side (northbound) from 2350 to 2300, stop-loss at 2270, target 2400 to 2450

Sell-side (southbound) from 2400 to 2450, stop-loss at 2480, target 2350 to 2300

The trend on the previous daily chart is tilted bullish. Short positions are only for short-term arbitrage; it is not recommended to take heavy positions. If the direction is wrong, you must strictly cut losses—don’t hold and “carry” the position through losses. @$ETH #加密市场回升
ETH-1.09%
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