- Recent prices show a oscillating upward trend, with lows gradually rising and highs continuously breaking through. - On the daily chart, multiple bullish candles form, indicating strong buying pressure, but some resistance appears around 3170.
2. Technical Indicators:
- MACD: In the 4-hour cycle, DIF and DEA values are gradually converging and turning red, with the MACD histogram shifting from negative to positive, indicating short-term bullish dominance. - RSI: The current RSI is 61.25, in a relatively strong zone but not overbought, leaving room for further upward movement. - EMA: Price stabilizes above EMA7 (3130.71) and EMA30 (3122.78), and stays well above EMA120 (3083.93). The moving averages are arranged in a bullish order, providing clear support.
3. Volume:
- 4-hour volume has increased to 15238, indicating heightened market activity and intensified battle between bulls and bears. - Daily volume is 87548, slightly lower than previous days, so attention should be paid to whether subsequent volume supports further gains. 【Buy and Sell Points】
- Buy Point 1: 3120 USDT (Reason: Near EMA30 support, also close to the previous oscillation low, with strong support at round numbers)
- Buy Point 2: 3085 USDT (Reason: Near EMA120 support, also in the previous wave low area, with obvious buying strength)
- Long position stop-loss: 3070 USDT (Reason: Falling below 3085 indicates loss of key support, confirming a downward trend; set below round numbers to avoid false breakouts)
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- Sell Point 1: 3256 USDT (Reason: Near recent high resistance level, potential selling pressure at round numbers)
- Sell Point 2: 3279 USDT (Reason: Higher round number resistance, also a potential resistance zone above)
- Short position stop-loss: 3300 USDT (Reason: Break above 3200 confirms further upward trend; set above round numbers to avoid false breakouts)
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【Price Trend Analysis】
1. Candlestick Patterns:
- Recent prices show a oscillating upward trend, with lows gradually rising and highs continuously breaking through.
- On the daily chart, multiple bullish candles form, indicating strong buying pressure, but some resistance appears around 3170.
2. Technical Indicators:
- MACD: In the 4-hour cycle, DIF and DEA values are gradually converging and turning red, with the MACD histogram shifting from negative to positive, indicating short-term bullish dominance.
- RSI: The current RSI is 61.25, in a relatively strong zone but not overbought, leaving room for further upward movement.
- EMA: Price stabilizes above EMA7 (3130.71) and EMA30 (3122.78), and stays well above EMA120 (3083.93). The moving averages are arranged in a bullish order, providing clear support.
3. Volume:
- 4-hour volume has increased to 15238, indicating heightened market activity and intensified battle between bulls and bears.
- Daily volume is 87548, slightly lower than previous days, so attention should be paid to whether subsequent volume supports further gains.
【Buy and Sell Points】
- Buy Point 1: 3120 USDT (Reason: Near EMA30 support, also close to the previous oscillation low, with strong support at round numbers)
- Buy Point 2: 3085 USDT (Reason: Near EMA120 support, also in the previous wave low area, with obvious buying strength)
- Long position stop-loss: 3070 USDT (Reason: Falling below 3085 indicates loss of key support, confirming a downward trend; set below round numbers to avoid false breakouts)
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- Sell Point 1: 3256 USDT (Reason: Near recent high resistance level, potential selling pressure at round numbers)
- Sell Point 2: 3279 USDT (Reason: Higher round number resistance, also a potential resistance zone above)
- Short position stop-loss: 3300 USDT (Reason: Break above 3200 confirms further upward trend; set above round numbers to avoid false breakouts)