📣Ethereum long position successfully cashed out at profit, pullback in the following market can continue considering going long!

Yesterday consecutive two long positions cashed out at profit. Although there was a small disruption in between with US stocks opening lower affecting the trend pullback, we adjusted timely and the long position ultimately exited perfectly!

From Ethereum 4-hour chart technical analysis:

Price and Bollinger Bands:

Current price: 2170.01, up +25.87 (+1.21%) from previous value. Bollinger Bands parameters: MID=2116.74, UP=2200.52, LOW=2032.96. Price is above the middle band and below the upper band, belonging to a biased strong zone. Short-term bulls dominate, but proximity to the upper band requires caution regarding pullback pressure.

MACD Indicator:

DIF=4.55, DEA=-3.63, MACD histogram=16.37 (red). Signal: DIF crosses above DEA forming a golden cross, and the histogram is positive and gradually expanding, indicating short-term bullish momentum is strengthening with a biased bullish trend.

KDJ Indicator:

K=72.73, D=67.03, J=84.12. Signal: All three lines are in the strong zone above 50, J value close to 80 shows signs of entering the overbought zone, requiring attention to pullback risk after short-term surge.

RSI Indicator:

RSI6=65.16, RSI12=58.30, RSI24=53.53. Signal: Short-term RSI (6) has approached the 70 overbought threshold, while medium-term RSI (12, 24) remains in neutral-biased bullish zone, indicating current upward momentum mainly comes from short-term with medium-term trend not yet completely overheating.

Short-term trend: Bulls dominate, price rallies relying on Bollinger middle band. MACD golden cross confirms rebound trend.

Risk points: RSI6 approaching overbought, KDJ J value elevated. If price touches near Bollinger upper band (2200.52), technical pullback may occur.

Key price levels:

Upper resistance: 2200.52 (Bollinger upper band), prior high 2385.78

Lower support: 2116.74 (Bollinger middle band), prior low 2032.96

Ethereum operation suggestions:

Recommended entry long position near 2140, target levels 2170-2200. If trend closes above 2200, continue holding long position targeting 2230. Stop loss at 2100.

Strategy is time-sensitive. Strategy implementation is mainly based on free guidance! $BTC $ETH #加密市场回涨 #美国提出15项条件和谈方案 #预测市场正在影响BTC走势？ #以太坊L2叙事再升级 #Polymarket开始押注国际事件 ‌