From the 4-hour chart, after rebounding from the 2718.07 low, the price has stabilized above the 3100 level and is in an uptrend. The MACD indicator shows the DIF above the DEA with positive histogram bars, and although the KDJ is close to overbought territory, there is still upward momentum, indicating a bullish technical outlook.
Personal suggestion, for reference only (set strict stop-loss) ETH can be considered around 3100-3020, with a target of 3250-3370
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12.9 Tuesday Morning ETH Analysis
From the 4-hour chart, after rebounding from the 2718.07 low, the price has stabilized above the 3100 level and is in an uptrend. The MACD indicator shows the DIF above the DEA with positive histogram bars, and although the KDJ is close to overbought territory, there is still upward momentum, indicating a bullish technical outlook.
Personal suggestion, for reference only (set strict stop-loss)
ETH can be considered around 3100-3020, with a target of 3250-3370