April 13 🚨 | Monday | Early Morning 🚨$ETH Market Analysis

Currently, the focus on Ethereum is concentrated on the key price level of 2188. Bulls and bears are locked in a stalemate around the 2180 area. The effective breakout direction at this location will become the core basis for judging the direction of the market in the short term. @严恩助理号

From a technical perspective, the current operating range is between the middle band of the Bollinger Bands at 2210 and the lower band at 2091. Overall, it shows characteristics of high-level consolidation and a gradual pullback. In terms of the moving average system, the short-term moving average MA7 and the mid-term moving average MA30 form a death cross, releasing a clear signal that the short-term trend is weakening.

For the outlook, there are two core paths. If the price, along with an increase in trading volume, holds above the 2200 level and successfully recovers the Bollinger Bands’ middle band, the bulls will regain control and market dominance. If the price effectively breaks below the key support at 2150, the bearish forces may further release, pushing the price downward to test support at the lower Bollinger Bands’ level.

【Yan En’s Today’s Guide】
🔔 Tactical direction: Kong Kong Kong
🕸 Entry hunter zone: around 2210-2240 🚘
🏆 Take-profit points: around 2160-2130
❌ Risk control stop-loss position: 2280

Position sizing has a life-and-death boundary; following the trend is the way for trading to endure.

‼️‼️ Risk Warning: The above content is for reference only and does not constitute any investment advice. Please carefully evaluate your own risk tolerance.
#Gate广场四月发帖挑战 #Gate现货衍生品双双冲进全球前三