$ETH Crypto Academician in the Coin Circle: Is the October 1 Ethereum (ETH) rally structure still intact? A hardcore analysis of support and resistance during Ethereum’s consolidation phase? Latest market outlook reference
With ETH trading at around 2680, patience is the most valuable ability when trading. In a ranging market, most trades are ineffective; frequent operations only keep draining your principal. Ethereum is approaching a breakout/breakdown moment. Instead of constantly fiddling in the middle, it’s better to wait for the market to give a clear answer—especially if the chips accumulated on the upside below 1700 are in hand, don’t get out of the position all at once.
The daily K-line moving average system remains in a bullish alignment. EMA15 and EMA30 continue to support/hold up the price, and the medium-to-long term trend is still generally upward. The MACD histogram’s red bars gradually shrink, indicating weakening bullish momentum. The Bollinger Bands’ mouth is narrowing, suggesting volatility is compressing and the market is about to choose a direction. Strong support below on the daily chart sits around 2445. As long as this level is not broken downward, the higher-level uptrend structure remains intact. In the short term, this is a consolidation-and-building-up phase after an upward move.
On the 4-hour K-line, the short-term EMA moving averages are intertwined and stuck together, temporarily balancing bulls and bears. The MACD, above the zero axis, turns downward, showing a weak bearish signal and noticeable short-term pressure. The Bollinger channel is tightening: 2721 on the upper rail forms short-line resistance, while 2641 on the lower rail is the first support. Current price around 2673 is in the middle of the box range. It hasn’t yet formed a clear one-way trend. In the short term, prioritize range-bound consolidation; wait for price to test the upper and lower boundaries before following. Don’t place trades blindly in the middle of the range.
Short-term reference:
Go long from 2650 down to 2610 to catch the bounce; stop-loss 40 points; target 2720 to 2760
Go short from 2750 to 2770 after the rally stalls; stop-loss 40 points; target 2700 to 2660
Specific execution should be based on real-time order book data. For more information, you can check the author’s updates. Since the article may be published with a delay, the content is for reference only—risk is your own.
#ETH走势分析
With ETH trading at around 2680, patience is the most valuable ability when trading. In a ranging market, most trades are ineffective; frequent operations only keep draining your principal. Ethereum is approaching a breakout/breakdown moment. Instead of constantly fiddling in the middle, it’s better to wait for the market to give a clear answer—especially if the chips accumulated on the upside below 1700 are in hand, don’t get out of the position all at once.
The daily K-line moving average system remains in a bullish alignment. EMA15 and EMA30 continue to support/hold up the price, and the medium-to-long term trend is still generally upward. The MACD histogram’s red bars gradually shrink, indicating weakening bullish momentum. The Bollinger Bands’ mouth is narrowing, suggesting volatility is compressing and the market is about to choose a direction. Strong support below on the daily chart sits around 2445. As long as this level is not broken downward, the higher-level uptrend structure remains intact. In the short term, this is a consolidation-and-building-up phase after an upward move.
On the 4-hour K-line, the short-term EMA moving averages are intertwined and stuck together, temporarily balancing bulls and bears. The MACD, above the zero axis, turns downward, showing a weak bearish signal and noticeable short-term pressure. The Bollinger channel is tightening: 2721 on the upper rail forms short-line resistance, while 2641 on the lower rail is the first support. Current price around 2673 is in the middle of the box range. It hasn’t yet formed a clear one-way trend. In the short term, prioritize range-bound consolidation; wait for price to test the upper and lower boundaries before following. Don’t place trades blindly in the middle of the range.
Short-term reference:
Go long from 2650 down to 2610 to catch the bounce; stop-loss 40 points; target 2720 to 2760
Go short from 2750 to 2770 after the rally stalls; stop-loss 40 points; target 2700 to 2660
Specific execution should be based on real-time order book data. For more information, you can check the author’s updates. Since the article may be published with a delay, the content is for reference only—risk is your own.
#ETH走势分析
