Coin Circle Liying: 9.9 Ethereum market dynamics today: How to layout in a sideways state? Latest market analysis reference

Ethereum is now sideways at 2275, which is just at the EMA7 moving average, so I dare not take the short position at 2310 and can only leave at 2260. The 50-point space is already the limit of the current market trend. You should know that the current four-hour short-term trend market fluctuates in a narrow range of 2270 to 2300. It is not easy to catch 50 points.

The technical indicator MACD currently shows that the short-selling force is weakening, and the golden cross of DIF and DEA has a clear probability of forming. Although it is currently negative, it does not rule out the possibility of breaking the upper pressure level and further stretching. RSI is currently around 40 and has not entered oversold or overbought. This is a more delicate balance state, resulting in the current long and short positions being almost the same.

Trend The short-term resistance point of the trend indicator EMA7 is not strong. Focus on the pressure of 2335 at the position of EEMA30 and the pressure of 2500 at the position of EMA120. Although the current trend is still empty and the box has strong pressure, if EMA7 goes flat, it will form a relatively strong support point. The more cautious the market is, the greater the probability of sideways trading. At this time, it is only suitable for swing trading. If the position breaks, follow the trend. Before the position breaks, Liying recommends selling high and buying low.

Today's latest point reference

Long point 2250, replenishment point 2220, stop loss point 2000

Short point 2300, replenishment point 2350, stop loss point 2380

The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis. It is for reference only and does not constitute investment advice. For reference by family members. In the past ten years, Liying has been exploring and experiencing hundreds of digital assets of all kinds. In this process, Liying has experienced the glory of the bull market and the bleakness of the bear market. It has accumulated countless precious experiences and profound lessons. As a female trader working hard in this challenging field, Liying feels a deep sense of responsibility to share her experience and insights, hoping to help other people with dreams find their place in this turbulent market and start their own journey to success. $ETH #ETH收益 #ETH合约波段 #ETH合约 #ETH投资 #ETH🔥🔥🔥🔥🔥🔥