Today, after the price of Ethereum fell to around 2554 in the early morning, it rebounded to stop the decline. The bears did not continue to link the volume, indicating that there are strong buy orders at the bottom. The downward momentum in the early morning also filled in part of the gap in the MA5 daily average line. From the daily technical indicators, the KDJ technical indicator has turned upward, the MACD technical indicator is slowly increasing in the bull market, and the BOLL technical indicator is running in the upper track area. The MA5 daily average line is in a continuous upward trend, and today the MA30 daily average line is linked with the bull market. Therefore, overall, yesterday's downward momentum is likely to be a round of washing the plate, and after confirming the bottom, it will rise again.

From the 4-hour technical indicators, the KDJ technical indicator and the MACD technical indicator are in a slow upward trend, and the MA three-day average line still shows different degrees of upward trend. The MA5 daily average line and the MA10 daily average line are still in a continuous upward trend. Overall, the downward momentum in the early morning did not touch the support line below, but instead there was a pullback in the early morning. Overall, the price is likely to test the strong resistance near 2757-2831 today, so the price is likely to oscillate upward to test the strong resistance above.

Bitcoin: Long position near 63600-63000, stop loss at 62300, target to 64000-64800

Ethereum: Long position near 2615-2585, stop loss at 2553, target to 2665-2700

The above is my personal midday market analysis. If you have any questions, you can leave a comment in the comment section or follow my WeChat public account to find me.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。