ETH
The current price of Ethereum is 3136. Compared with yesterday's market, the highest price stretched to 3450. The currency circle is a market full of greed. After breaking 3400, many voices in the market that are bullish on 4000 came out, stirring up trouble. As a retail investor, don't blindly follow the trend. You must be rational in your layout. With such a good trend, don't choose the wrong direction when standing at the outlet. Look at Zhao Ge's idea yesterday, more than 3250. Although 3300 is good, you can rest assured if all the money is in the bag without interfering with your rest. Don't worry about who is still holding the position. Zhao Ge first analyzes the price trend. The current K-line pattern of the market has multiple upper shadows at 3300, so Zhao Ge will choose to take profit and bag at 3300, because there is a strong selling pressure at this position. Then a long lower shadow also appears, indicating that there is a certain support at 3200 below. This is also the reason why Zhao Ge chose a low-long entry point. The technical indicators MACD currently have positive DIF and DEA, but the MACD bar chart turns from red to green, indicating that the upward momentum is weakened, so Zhao Ge judges that today's market has entered the sideways repair stage
The relative strength index RSI has fallen from the overbought zone and is currently around 60, indicating that market sentiment has cooled down, but it still remains in a relatively strong area. The trend indicators short-term EMA7 and medium-term EMA30 show a bullish trend, and the long-term trend is positive. However, Zhao Ge suggests that everyone pay attention to whether the short-term EMA will be broken. The trading volume increased yesterday and then gradually shrank. This pattern is a typical profit-taking behavior after the previous sharp rise. Especially at present, the trading volume has decreased and the market sentiment has warmed up, which will lead to more wait-and-see sentiment. Zhao Ge suggests that everyone wait for new direction guidance
