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Today’s analysis using moving averages.
Since ETH retreated after approaching the $3,300 level, this is a typical “false breakout” or “pressure-triggered correction” from a technical perspective. Currently, the price has fallen back to around $3,240 - $3,250, and the entry point for short positions has entered the “confirmation stage.”
Combining the latest moving averages (MA) and KDJ trends
1. Current market situation analysis: What does the rebound and fall mean?
1. Confirmation of resistance: The vicinity of $3,300 is not only a psychological barrier but also a major zone for bulls to take
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1. Core support levels and entry points (long positions)
Based on the current technical chart patterns, it is recommended to focus on the following two levels for phased entries:
• First entry point: 1.075 - 1.085 USDT (aggressive / catch-up prevention)
• Reason: This is the recent swing low on the 15-minute chart and also a dynamic support zone near the MA21 line on the 1-hour chart. From Chart 1, it can be seen that the price has a clear lower shadow rebound around 1.0747, indicating short-term buying support at this lev
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GateUser-3e127dc6vip:
What you're asking me is whether those are transvers 11 of 11
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Currently leaning towards shorting, summarized with two plans and analysis logic.
Plan 1: High-level interception (left-side trading - highest efficiency, minimal stop loss)
• Entry point: Wait for the price to surge again to the $3,260 - $3,275 range (near previous high and upper band of the daily Bollinger Bands).
• Stop loss: $3,290.
• Reason: If it breaks through $3,290, it indicates that the upward space on the daily chart is open, and short positions must be exited immediately to stop loss.
• First target: $3,180 (middle band of the 1-hour Bollinger Bands).
• Second target: $3,120 (lower
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