Market Analysis and Position Strategy
Process: (2025.10.28) (ETHUSDT) Process: K-line chart — Bollinger Bands — MA Moving Average — MACD Indicator — RSI Indicator — Support and Resistance Levels — Conclusion
1. Look at Bollinger Bands and MACD
From the 1-hour chart, currently, there is a pullback after rising to the upper Bollinger Band, and the pullback has not broken below the middle band, with the market currently oscillating near the middle band. The Bollinger Bands are narrowing, and the middle line is trending downwards, corresponding to a market decline. The three lines of the Bollinger Bands correspond to prices 4237.79--4118.89--4073.63. From the 1-hour chart, the bearish volume is gradually increasing, indicating a continued downward testing of support levels.
2. Look at MA Moving Averages
The short-term MA moving average indicator on the 1-hour chart is trending downwards, and the market is entering a declining phase. The short-term moving average on the hourly chart has a death cross trending downwards, with bearish volume starting to increase. The market is currently operating below the 5-day moving average and the 10-day moving average, corresponding to a market decline.
3. MACD Indicator
The MACD indicator on the hourly chart is below the 0 axis with a double line trending downwards, and bearish volume is starting to increase, corresponding to a market decline.
4. RSI Indicator
The RSI indicator (Stoch RSI) is in the oversold trading phase with corresponding values 0--20. Currently, the double line has a death cross and continues to trend downwards, corresponding to a market decline.
5. Conclusion
Conclusion: Market decline
6. Find Support and Resistance Levels
Resistance Level: 4155.80, 4164.76 Support Level: 4073.63, 4000
Position Strategy
Short Selling Strategy: Lightly short near the resistance level of 4155.80, with a stop loss set above 4170, and a target looking down at 4073.63, which can extend to 4000 if broken.
Long Buying Strategy: Temporarily observe. If the price dips to around 4073.63 and shows a stop-loss signal (such as MACD divergence, RSI oversold rebound), a light position can be attempted to go long, with a stop loss below 4050, targeting 4118.89.
Risk Warning: Cryptocurrency markets are highly volatile, strict stop-loss execution is required, combined with real-time fundamentals (such as ETH ecosystem dynamics, macroeconomic policies), and market sentiment dynamics to adjust strategies.