Coin Sea Wave: 4.25 Cryptocurrency Market Ethereum ( ETH ) Latest Market Analysis and Insights Today

Coin Sea Wave: 4.25 Ethereum (ETH ) Market Analysis Reference:
Ethereum remains in a narrow range consolidation, with intra-day volatility contracting. From the daily chart perspective, ETH is currently in a high-level consolidation phase after an upward move, with prices oscillating near the upper middle of the Bollinger Bands, unable to effectively break through the upper band resistance. The MACD indicator's DIF line and DEA line form a death cross, with the histogram turning negative, indicating increasing bearish momentum. The RSI indicator has fallen back to a neutral zone, and the KDJ indicator is diverging downward. Overall upward momentum is weakening, and in the short term, it is likely to continue consolidating at high levels. Support below is around the middle of the Bollinger Bands at 2280; if it breaks below this, the correction space will further open up.
From the short-term hourly chart, Ethereum on the 4-hour timeframe shows a weak oscillating trend. Prices are constrained by the EMA moving averages around 2320, with Bollinger Bands narrowing. The MACD indicator crosses below zero, with a slight decrease in histogram volume, indicating weakening bearish momentum. The RSI is in a neutral to weak zone, and although the KDJ is turning upward from a low point, the rebound momentum is insufficient. In the short term, resistance is expected in the 2340-2350 range above, with support around 2300-2310. If support is broken, it is likely to further test the lower Bollinger Band. However, it is expected that the short-term will continue to oscillate and consolidate. Daily trading suggestions are to buy high and sell low within the range, focusing on short-term swing trading, while maintaining defensive measures.
Coin Sea Wave: 4.25 Ethereum Short-term Reference:
Short positions: Short in the 2405-2375 range, stop loss 30 points, target 2355-2305,
Long positions: Long in the 2275-2305 range, stop loss 30 points, target 2325-2375,
This content is originally shared by 【Coin Sea Wave】, representing personal opinions only. The article may be delayed and is for reference only. Do not operate blindly! I hope everyone can stick to their principles on the investment journey, regardless of how the market changes, and stay rational and calm. #加密市场行情震荡 #Gate13周年现场直击 $ETH