📣Ethereum long position successfully taken profit and exited. Market pullback can be considered for continued long entries!

Yesterday two consecutive long positions were taken profit and exited. Although there was a minor setback in between with US stocks opening lower affecting trend pullback, we adjusted in time and the long positions finally exited perfectly!

From Ethereum 4-hour 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 relatively strong range with short-term bulls in advantage, but approaching the upper band requires caution against pullback pressure.

MACD Indicator:

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

KDJ Indicator:

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

RSI Indicator:

RSI6=65.16, RSI12=58.30, RSI24=53.53. Signal: Short-term RSI (6) has approached the 70 overbought threshold, medium-term RSI (12, 24) remains in neutral-to-bullish range, suggesting current upward momentum mainly comes from short-term, medium-term trend has not completely overheated.

Short-term trend: Bulls dominate, price advances relying on Bollinger middle band support, 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), previous high 2385.78

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

Ethereum trading suggestions:

Suggested to enter long positions near Ethereum 2140, target levels 2170-2200. If trend breaks above 2200, continue holding long positions with target 2230. Stop loss at 2100.

Strategy has time sensitivity. 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