From the daily chart perspective, the overall trend shows a rebound encountering resistance, with the price running above the mid-band and approaching the upper band at 3253. The upper band constitutes a short-term strong resistance level. The MACD indicator's DIF has crossed above the DEA forming a golden cross, with red columns continuously expanding, showing that bullish momentum is still releasing. KDJ has entered the overbought zone, with pullback risks intensifying, avoid chasing highs.
Personal suggestion, for reference only (strictly set stops) ETH short near 3260, add on dips at 3330, targets 3180, 3090$ETH
1.7 Wednesday Daily Analysis
From the daily chart perspective, the overall trend shows a rebound encountering resistance, with the price running above the mid-band and approaching the upper band at 3253. The upper band constitutes a short-term strong resistance level. The MACD indicator's DIF has crossed above the DEA forming a golden cross, with red columns continuously expanding, showing that bullish momentum is still releasing. KDJ has entered the overbought zone, with pullback risks intensifying, avoid chasing highs.
Personal suggestion, for reference only (strictly set stops)
ETH short near 3260, add on dips at 3330, targets 3180, 3090$ETH