Lao Cui talks about coins: Ethereum grows by 100 points, ready to ambush long orders?

After two days of anxiety, the market has finally gone out of the contract range in the short term, and everyone can finally put their minds at ease and re-examine this market. In the past two days of callbacks, every time Lao Cui gave everyone advice, he actually had some worries in his heart. Although he could see the market accurately, the gap between everyone's entry and his own entry was still quite large. The burden is also heavier, which is why Lao Cui rarely gives everyone an exact entry point in the article. This time, he gave the entry long position of 2400-2410, which is indeed because too many users were robbed by the shorts. It is also uncomfortable to watch Lao Cui. Well, I won’t say much sensational words, but congratulations to everyone for recovering blood and making profits. Let's move on to today's theme analysis:

In the daily chart, the seven-day moving average was affected by the previous sharp drop and is currently running below the thirty-day moving average. Everyone should remember that the running form of the moving average does not have any reference value. The only reference value is to reflect the transaction price in recent times, which can reflect the transaction willingness of buyers and sellers. Compared with the current trend, the transaction price at this stage is getting higher and higher, proving that the buyer's willingness is higher than the seller, and the short-term bulls may have more advantages. In conjunction with the opening direction of the Bollinger Bands, the lower track is still moving upward, and the upper track is opposite to the lower track, forming a short-term closing pattern, which indicates that the strength of both long and short sides is stabilizing. There may be a callback in the short term, but in the end, the bulls will still have the upper hand. As long as the timeline of the war is extended, the impact of this move does not seem to be so great. At present, the market is somewhat heading towards the right track, and the power of the bulls is getting stronger and stronger.