Key Support and Resistance Levels • Resistance Levels 1. First Resistance: 3,080.41 (MA10), is the immediate barrier for short-term rebound. Breaking through this level could target 3,104.95 (MA30). 2. Second Resistance: 3,137.71 (MA20), this medium-term moving average is an important dividing line in the bulls and bears battle.
3. Third Resistance: 3,230.87 (MA100), only after breaking this can the medium-term downward pressure be alleviated.
• Support Levels
1. First Support: 2,900 integer level, currently a short-term psychological support during consolidation.
2. Second Support: 2,621.32 (previous low), the extreme low point of this round of decline. Falling below this could open a new downward space. Technical Indicator Analysis
• Moving Average System: Price is below all moving averages, with medium-term averages in a bearish arrangement. MA5 is turning downward, indicating the medium-term downtrend remains unchanged, and short-term rebound momentum is insufficient.
• MACD Indicator: MACD value (-37.98) is in the negative zone. The DIF line crosses below the DEA line, forming a death cross. The green histogram continues to expand, indicating increased downward momentum and weak rebound strength.
• RSI Indicator: Value is 39.55, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish strength still needs further accumulation.
• Volume: During the pullback, trading volume has decreased, showing a temporary easing of selling pressure. However, volume during rebounds has not effectively increased, and market sentiment remains cautious. Summary and Trading Suggestions
Currently, ETH/USDT is in a pattern of “rebound meets resistance and falls back, medium-term downward pressure persists.” If the price increases with volume and breaks through 3,080.41 (MA10) and stabilizes, a bullish outlook can be considered, targeting 3,137.71 (MA20). If it retraces and falls below 2,900, caution is advised for a second bottom. The key support to watch below is 2,621.32. #特朗普取消对欧关税威胁
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ETH/USDT Daily K-line Analysis: Rebound Meets Resistance and Falls Back, Medium-term Downward Pressure Continues
Key Support and Resistance Levels
• Resistance Levels
1. First Resistance: 3,080.41 (MA10), is the immediate barrier for short-term rebound. Breaking through this level could target 3,104.95 (MA30).
2. Second Resistance: 3,137.71 (MA20), this medium-term moving average is an important dividing line in the bulls and bears battle.
3. Third Resistance: 3,230.87 (MA100), only after breaking this can the medium-term downward pressure be alleviated.
• Support Levels
1. First Support: 2,900 integer level, currently a short-term psychological support during consolidation.
2. Second Support: 2,621.32 (previous low), the extreme low point of this round of decline. Falling below this could open a new downward space.
Technical Indicator Analysis
• Moving Average System: Price is below all moving averages, with medium-term averages in a bearish arrangement. MA5 is turning downward, indicating the medium-term downtrend remains unchanged, and short-term rebound momentum is insufficient.
• MACD Indicator: MACD value (-37.98) is in the negative zone. The DIF line crosses below the DEA line, forming a death cross. The green histogram continues to expand, indicating increased downward momentum and weak rebound strength.
• RSI Indicator: Value is 39.55, in a neutral to slightly bearish zone, not yet entering overbought territory, reflecting that bullish strength still needs further accumulation.
• Volume: During the pullback, trading volume has decreased, showing a temporary easing of selling pressure. However, volume during rebounds has not effectively increased, and market sentiment remains cautious.
Summary and Trading Suggestions
Currently, ETH/USDT is in a pattern of “rebound meets resistance and falls back, medium-term downward pressure persists.” If the price increases with volume and breaks through 3,080.41 (MA10) and stabilizes, a bullish outlook can be considered, targeting 3,137.71 (MA20). If it retraces and falls below 2,900, caution is advised for a second bottom. The key support to watch below is 2,621.32. #特朗普取消对欧关税威胁