#ETH走势分析 took a look at Ethereum’s four-hour trend. After hitting the upper Bollinger Band, the price started to pull back, but it found support at the 10-day moving average on the eight-hour chart. Now it’s trying to get back above the four-hour MA5 and MA10, and the 30-day and 60-day moving averages have started to turn upward.

As for the MACD, after a bearish crossover, the fast and slow lines are basically flat; bearish momentum has increased slightly but isn’t strong. The RSI is interesting—the fast line suddenly turned up in the overbought zone and is about to form a bullish crossover with the slow line, which hasn’t caught up yet.

If it can hold the 10-day moving average, there’s a good chance for a second wave of upward movement to test the previous high. But if it can’t break above the previous high, there may be another pullback. If it can’t hold, it will test the middle band.

Key levels to note:
Resistance at 3233 and 3302
Support at 3118, 3067, and 2996

Trading ideas for reference: If it fails to break above 3233, consider shorting, add to the position at 3272, and set a stop loss at 3302. If it doesn’t break below 3067, consider going long, add to the position at 3012, and set a stop loss at 2980.

$ETH This move is still quite tricky, so everyone should pay attention to risk control.