$ETH Crypto Circle Li Ying: 4.28 Technical Breakdown! All three major moving averages have been lost, Ethereum's downward space may fully open up? Latest market analysis and trading suggestions

Family! Ethereum's current price is 2275, basically staying in place, with only a few cents of fluctuation up and down, like a dead water pool. From the K-line chart, a few days ago it surged to 2423 but hit a wall, and after falling back, it has been oscillating between 2260 and 2340 these days. This indicates that the bulls' upward momentum has temporarily run out, and the bears haven't been able to break below the support level, both sides are catching their breath. The current trend is like a tug-of-war, neither side can push the other. Looking upward, 2300 and 2350 are both tough nuts; looking downward, there is some support around 2260, but overall it feels soft, and a slight breeze or disturbance might cause it to test lower again.

From a technical perspective, ETH is currently in a weak, oscillating, slightly bearish pattern. The moving average system shows a bearish arrangement, with the current price at 2273 below MA7, MA30, and MA120. The short-term MA7 has already turned downward, forming a resistance above, indicating a weak short-term trend. The Bollinger Bands have opened downward and then stabilized; after touching the upper band, the price pulled back and is now testing the support near the lower band at 2270. If it breaks below, a new downward space may open. The MACD indicator shows that DIF and DEA crossed downward above the zero line and diverged, with green histogram bars appearing, indicating bearish momentum is being released, and no obvious divergence has appeared, overall leaning bearish.

Short-term trading strategy (Li Ying personally teaches, precisely aligned with the market)

Long position idea: 2300-2320, stop loss at 2340, target 2260 aiming for 2220

Short position idea: 2270-2260, stop loss at 2230, target 2300 aiming for 2330

Key points: If the price drops below 2260 with volume, the weakness continues, and long positions should be abandoned; conversely, if it stabilizes above 2330, the short-term weak pattern may reverse.

Note: The above analysis is based solely on technical logic by Li Ying and does not constitute investment advice. The market carries risks; invest cautiously. ‌#加密市场普遍上涨